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

Tsinghua-run incubator Lotus Lake Capital has backed Insight Lifetech, which develops treatment and diagnostic tools for coronary heart disease.

Itochu added $48m to a debt and equity round already featuring PayPal and Visa and has now provided a total of $91m for the consumer finance provider.

The SiBionics-backed heart disease device developer secured $28.4m in a round led by SDIC Gaoxin Industrial Investment.

Grab, Intouch Holdings, Carmenta and GeoPost all contributed to a series D round raised at a $590m valuation over the past year, alongside $89m in convertible debt financing.

Carmaker FAW Group joined Bank of China subsidiary BOCG Investment to provide $100m for lithium ceramic battery provider ProLogium.

LGT Lightstone has led an $80m series E round for online logistics marketplace CargoX, adding to $96m in earlier capital from investors including Qualcomm and Ability Logistics.

The e-commerce firm is reportedly investing in online grocery service BigBasket as part of a $60m round at a valuation of up to $1.3bn.

The Salesforce-backed, crowd-focused cybersecurity services provider has now raised $80m altogether, VC firm Rally Ventures leading its latest round.

On-demand delivery services marketplace Porter has attracted $18.2m from Lightstone Global Fund, coming after Mahindra & Mahindra invested $10m two years ago.