Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Transcarent has raised $58m from Bayer and Merck, while Nvidia has bought DeepMap, one of its portfolio companies also backed by Bosch.

A total of 40 property owners, operators and developers have helped the real estate-focused venture firm close its sophomore vehicle.

Founded in 2017 with a $150m commitment, Crescent’s corporate venturing unit, CE-Ventures, has already invested more than $136m.

MetaVC has licensed about 200 patents on metamaterials from Intellectual Ventures for its companies to use.

Michael Dolbec had been executive managing director for GE Ventures, the corporate venturing unit of industrial conglomerate General Electric, since late 2012.

Blockchain game developer Mythical Games pulled in $75m while enterprise software developer Morning Consult reached a unicorn valuation in an Advance Venture Partners-led round.

Bo Zhu, head, Lam Capital Asia

KAUST has returned for a $10m funding round for Red Sea Farms, having previously contributed to a $1.9m round two years ago.

The Esid, Great Power and Scud Group-backed portable power storage technology developer received the funding at a $1bn valuation.