Automated driving software developer Jimu Intelligent raised over $31m from investors including UMC Capital and Avic Pingshan while Lockheed Martin took part in gyroscope technology developer Anello's $28m round.

SoftBank, Com2Us and CAA's Connect Ventures backed the digital collectibles platform developer in a series A round which will be used to accelerate the growth of its team.

Pfizer and Sanofi helped the precision medicine developer close a series B round which will be used to advance and expand its pipeline of respiratory disease drug candidates.

Red Apple Group is exiting the smart trolley provider, which is being taken over by Instacart in a cash-and-stock deal.

Lauren Illovsky has taken up a talent partner role at Alphabet’s CapitalG subsidiary following nearly two years in the same position at sister fund Gradient Ventures.

Stanford-backed energy management platform operator AutoGrid secured its latest funding from a host of corporates led by Schneider Electric.

NYU’s deep learning technology developer has pushed its overall funding to $100m in a series C round backed by the university.

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.

Google Cloud bolstering the cybersecurity software provider's latest round with a $50m investment that took its total funding to $713m.