The augmented reality technology developer, which counts a host of corporates among its investors, attracted new funding at a $2bn post-money valuation.

Google will begin investing in Africa-based companies through its Africa Investment Fund, running it alongside non-equity schemes Startups Accelerator Africa and Black Founders Fund.

Itochu, Qualcomm, Hearst, Catholic Health Initiatives, TriZetto and IBM are all set to exit the health plan platform developer.

Mednax led the paediatric healthcare provider's series B round, pushing its overall funding past the $40m mark.

Congruent Ventures has achieved an exit through the purchase of Blueprint Power by BP.

Johns Hopkins’ portfolio companies attracted more than $1.2bn in combined funding during the past fiscal year, setting a new record for the university.

SoftBank led the computing performance platform developer's series C round, which will support the growth of its outbound partner programme work.

Corporate-backed cloud networking software provider Pluribus pushed its total funding to at least $110m while IAG has exited Hyper Anna in an acquisition by Alteryx.

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

Amgen, SoftBank and Alexandria Real Estate Equities helped the neurodegenerative disease drug developer publicly launch with $500m in funding.