Sectors

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

Meghan Sharp has departed from BP Ventures after more than a decade to head up the $600m Decarbonization Partners fund.

Prosus Ventures committed capital to e-commerce finance provider Wayflyer at a $1.6bn valuation, increasing its overall funding to over $236m.

Citi Ventures and Visa helped e-commerce services startup Cart.com raise $240m while SoftBank Vision Fund 2 took part in nine-figure rounds for Dewpoint and Platform Science.

Funding from Aptiv and existing investor Audi pushed the automated driving software provider’s valuation above $1bn.

The pet services provider is joining forces with CHW Acquisition Corporation at a valuation just over half that at which former backer SoftBank invested in 2018.

BAE, Kojima Ventures and Services Group of America were among the investors in the radar imaging technology developer’s series D round, reportedly valuing it at above $1bn.

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

Intel and Alibaba-backed database software producer MariaDB agreed a $672m reverse merger while predictive analytics provider Pecan AI was one of three GV investments.

Cruise is set to receive the balance of the $2.25bn pledged by SoftBank Vision Fund in 2018 after commercially launching its autonomous taxi service in San Francisco.

E Ink participated in the $42.5m first tranche of the gene and protein-focused 3D printing technology developer’s latest round having worked with it on a digital microfluidic tool called eDrop.