Reliance paid $26.8m to gain majority control of the passive magnetic levitation and propulsion technology developer and now owns 54.5% of its shares.

Seiko Epson’s EP-GB fund and Dai-ichi Life helped provide $17.1m for Gitai as it prepares a demonstration of its space robotics technology.

Citi's Impact Fund and Mastercard were among the investors as the mobile banking software provider secured $12m in series A funding.

The instalment finance provider, which counts several corporates as investors, almost tripled its valuation to $31bn in the round.

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

Condé Nast and Kering joined new and returning investors to back a round valuing the fashion item resale platform in excess of $1bn.

SoftBank and Microsoft have helped the last-mile delivery service increase its valuation to roughly $2bn in a round led by CapSur Capital.

China Unicom has helped the Shanghai Electric-backed computer chip developer close a series C round that will fund commercialisation and research and development.

GV returned to help heart disease drug developer Tenaya boost its overall funding to approximately $248m.

Oxford Sciences Innovation has returned to back a $30m funding round for Genomics, having previously contributed to a 2018 series B round.