Corporate-backed financial remittance network operator Lightnet netted over $48m while Callaway Golf Company invested $30m in indoor golfing chain Five Iron Golf.

Cell therapy developer Hopstem completed a $40m Eli Lilly-backed series B round while cybersecurity technology developer SlashNext secured $26m from investors including Telia and Ayala Group.

Cybersecurity software developer Sonrai Security, small business insurance provider Coterie and fashion brand Love, Bonito each raised $50m in corporate-backed rounds.

Voltage regulator producer Empower closed a $45m round featuring Samsung Catalyst Fund while Swisscom and Six-backed spend management software provider Yokoy raised $26m.

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

HSBC Asset Management helped expand sustainability software producer MioTech's series B-plus round while quantum cybersecurity software developer QuintessenceLabs raised $18.8m in a round co-led by Telus.

Online insurance provider Justos raised $35.8m in a SoftBank-led series A round while social game studio GreenPark Sports closed a $31m series B that included Alameda Research.

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

Battery swapping service Sun Mobility closed $50m in funding from Vitol while Sinopharm-backed drug developer Sinotau raised the same amount in a series D-plus round.

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