Early investors and employees were set to benefit from a $3bn tender offer for the troubled workspace provider but key investor SoftBank has pulled out.

Cisco and Lenovo helped the artificial intelligence software producer hike its valuation from $1.2bn to $2bn, following a $145m round in 2018.

General Catalyst led a $51m round for the Ascension-backed healthcare automation technology developer, which has now received $119m in total.

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

An unnamed technology company led the latest round for battery developer Enovix, whose existing investors include Intel, Cypress Semiconductor and Qualcomm.

Prologis Ventures was among the investors that helped the virtual training system provider hike its overall funding to $51m.

The construction equipment rental service raised $15m in an Itochu-led round that will finance strategic merger and acquisition deals.

Bpifrance supplied funding through three separate units to help take Satt Conectus-allied rare disease drug developer Dynacure's latest round to $55m.

Zucara Therapeutics, a diabetes treatment developer exploiting University of Toronto intellectual property, will use the money for phase 1 and 2 trials.

AristaMD, developer of a remote diagnostics system, raised $18m in a round backed by CU Healthcare Innovation Fund.