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

Alibaba and Fosun were among the investors that helped the autonomous driving technology provider close a $300m round.

Will Metcalf will lead the office, which will be located within University of Louisville’s Office of Research and Innovation.

Based on research at Drexel University, Context Therapeutics is seeking to raise up to $21m in an initial public offering on Nasdaq.

Osage University Partners is among the investors in Northwestern spinout Vanqua Bio’s $85m series B round.

UNC Chapel Hill’s agricultural technology developer AgBiome has increased its overall funding to $230m following the series D round.

The American Express and Salesforce-backed payment software developer tripled its valuation to $4bn in its latest funding round.

SoftBank Vision Fund 2 led a series C-1 round for the irregular produce marketplace that lifted its overall funding to nearly $527m and valued it at $2bn.

Ribbon will pursue a national expansion with $75m in series C funding and $75m more working capital raised from investors including First American Financial.

The online real estate portal's valuation shot from $1bn to $1.5bn in a series C round led by SoftBank Vision Fund 2.