The pet services provider is joining forces with CHW Acquisition Corporation at a valuation just over half that at which former backer SoftBank invested in 2018.

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

Brooke Beier, already responsible for Purdue’s tech transfer office, has been promoted to senior vice-president of commercialisation.

Milo Werner has joined The Engine as general partner as the MIT-founded venture firm confirmed its second fund has reached $302m.

Intel and Alibaba-backed database software producer MariaDB agreed a $672m reverse merger while predictive analytics provider Pecan AI was one of three GV investments.

Cruise is set to receive the balance of the $2.25bn pledged by SoftBank Vision Fund in 2018 after commercially launching its autonomous taxi service in San Francisco.

The oil substitute technology developer is looking to disrupt vegetable oil supply chains with backing from Virgin Group.

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

Citi and Sony helped Superpedestrian raise $125m while Dott boosted its latest round to $155m with help from Prosus, as the e-scooter sector looks to expansion.

David Muir has joined Western University as its inaugural associate vice-president for innovation and strategic partnerships, which includes overseeing the tech transfer office.