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

Tencent is reportedly set to co-lead a round for online education platform Yuanfudao with an original target size of $1bn and a rumoured $7.5bn valuation.

The mobile game publisher received $200m from Advance and existing backer The Chernin Group at a $1.9bn valuation and has now raised about $560m in total.

Insurance technology developer InsGeek, whose shareholders already include Tsinghua University-linked THG Ventures and TusStar, has added $25m in series C funding to its coffers.

Susquehanna International Group co-led a series C round for insurance technology developer InsGeek, whose shareholders already include Legend Holdings and Fosun.

The banking platform developer has raised $21.6m in a first close of its series A round that was co-led by ABN Amro and also backed by Berliner Volksbank.

The enterprise blockchain software developer raised more than $6m from investors including FIS to take its overall equity and grant funding to more than $16m.

Consumer lender LexinFintech led a series A round for student lending service Boro and will help it expand into the Chinese market.

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

Circle Pharma, a spinout of UCSF and UC Santa Cruz, has collected series B funding from investors including another UC campus, Berkeley.