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

Kunlun has contributed to a $109m series B round for Kopi Kenangan that will allow the Indonesian coffeehouse chain to launch new products as well as expand nationally and overseas.

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

Cancer therapy developer Hummingbird Bioscience increased its series B haul to $25m after adding SK Group to a consortium that already included a division of Kooksoondang Brewery.

Each week, the Global Corporate Venturing Deal Net rounds up the week's smaller deals and tracks the emerging companies accessing corporate funds.

Following regulatory approval, SoftBank has led a $125m series B round for the digital lender that was first announced earlier this year.

Tencent has returned for a series B round raised by the semiconductor technology developer, having also participated in a $43.4m funding round last year.

UC Berkeley-aligned generalised robotics software developer Covariant, which emerged from stealth in January, has now assembled at least $67m of funding.

UC Berkeley-aligned generalised robotics software developer Covariant previously collected funding from Samsung Q Fund while it still operated in stealth mode.

Flint Hills Resources has contributed to a $133m series B round for RWDC Industries, which is working on a biodegradable alternative to plastic.