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.

Constuction materials marketplace RenoRun's $142m Schneider Electric-backed series B round headed up some large rounds for Canadian companies also including League and Ekona Power.

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

University of California, Berkeley’s accelerator has chosen Milan for its expansion into Europe and will invest in those startups through the SkyDeck Europe Fund.

SoftBank, owner of a portfolio including logistics unicorns ShipBob and Flock Freight, led the freight management service’s latest round at a $1.3bn valuation.

Josh Geballe will become senior associate provost for entrepreneurship and innovation at Yale later this month, and will serve as managing director of its OCR.