UC-backed Congruent Ventures has contributed to a $55m round that will support the recycling robot maker's expansion plans.

The expense management technology provider has secured funding from investors including Hanaco and PayPal Ventures at a $1.6bn valuation.

Eli Lilly invested directly and through its Lilly Asia Ventures fund, in a round that brought liver disease-focused drug developer Terns' overall funding to $197m.

GV and Sidewalk Infrastructure Partners contributed to a $55m round that will support the recycling robot maker's expansion plans.

Microsoft, CSAA, Motorola Solutions and AAA-backed emergency response technology developer RapidSOS has secured $51.2m in new funding.

Boston Metal is most of the way to a $60m target for its latest round, thanks to a consortium that included returning backer The Engine.

The oncolytic virus therapy-based cancer drug developer is based on research at Salk Institute and has raised $77m in its series A round.

Q&A with Derek Idemoto, SVP of corporate development and Cisco Investments

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

Porsche and Lockheed Martin-backed lidar sensor technology developer Aeva will get the funding once its reverse merger with InterPrivate Acquisition Corp closes.