The acquisition of insurance marketplace CoverHound comes after $112m in funding from investors including Hiscox, Chubb, MS&AD, Aflac Ventures, Ace Group and American Family Ventures.

Subsidiaries of Intel, Qualcomm, Samsung, Verizon and Sonae all contributed to help push the mobile optimisation software provider's overall funding above $56m.

Q&A with Josh Berg, director, Magna Innovation Ventures

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

Delivery vehicle provider Nuro has almost doubled its valuation to $5bn in a series C round featuring returning investor SoftBank Vision Fund.

Susquehanna International Group is set to exit the marketing collaboration software developer having invested just over a year ago.

UPenn executed 643 commercial agreements in the 2019-20 fiscal year and scored a big exit with the $248m listing of Passage Bio.

Nestlé and Cedars-Sinai Medical Center participated in a round that came four months after the precision IBD therapy developer rebranded from Precision IBD.

Corporate venturing units GV and SR One both reinvested as the hearing loss therapy developer pushed its overall funding past the $190m mark.

Stanford-StartX Fund-backed Onfleet has now raised $20m to date after securing series A funding to grow its last-mile delivery business.