TAU-founded Qart Medical has been backed by the university’s Technology Innovation Momentum Fund and Chartered Investment Managers, itself a partner in TAU Ventures.

The satellite-based internet network developer has now raised $3.4bn in total, with existing investors SoftBank, Grupo Salinas and Qualcomm all backing its latest round.

Hyundai and Kia Motors have committed a combined $300m in funding to Ola as part of a strategic partnership that will drive an expansion of the latter’s electric vehicle fleet.

Alcon acquired the intraocular lens developer in a $285m deal that follows $106m in funding from investors including its parent company Novartis as well as Johnson & Johnson and Medtronic.

SoftBank Ventures Asia was among the returning investors that helped add $30m to a $60m first tranche that included Singtel Innov8.

The sickle cell disease therapy developer boosted its overall funding to $94m in a round backed by Lundbeck, Pfizer and Alexandria Real Estate Equities.

Microsoft subsidiary M12 and existing backer Seek both chipped in to a $21.3m round for the corporate training services provider.

Henry Choi has left Korea Investment Partners to lead global investment endeavours for Hana Ventures, the first corporate venture capital vehicle launched by a South Korea-based financial services firm.

Baidu Ventures was among the investors in a $14.5m round led by Atomico, after contributing to the business automation software provider's series A round last year.

The satellite antenna technology developer secured $12.5m in an Airbus Ventures-led round, with subsidiaries of Honeywell and Analog Devices also investing.