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Youhualin brings in Zhongnan and SAIC

Zhongnan Capital and SAIC's FOF Hengxu Capital contributed to a $15.5m round that will support technology development and hiring.


Mar 3, 2021

Nationwide adds Health Gorilla to portfolio

Nationwide Ventures co-led a $15m series B round for the health data platform developer that included Aflac Corporate Ventures and Epsilon Health Investors.

Mar 3, 2021

Maestro conducts $15m series B round

NetEase and Sony Music Entertainment contributed to a round that boosted the livestreaming platform developer's overall funding to $22m.

Mar 3, 2021

TeamViewer snags Upskill

Accenture, Boeing, Cisco, Cox, General Electric and Salesforce have exited workplace AR software provider Upskill in a purchase by TeamViewer.

Mar 3, 2021

Daily deal net: March 3, 2021

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

Mar 3, 2021

Oscar's initial public offering tops $1.4bn

Ping An and Alphabet-backed health insurer Oscar priced an upsized offering on the New York Stock Exchange above its range to raise $1.44bn.

Mar 3, 2021

CommerzVentures finds largesse for WeGift

WeGift has boosted its series A-plus round to $12m with a $4m investment by Commerzbank's venture capital arm.

Mar 3, 2021

Sea Group sets aside $1bn for corporate venturing

David Ma will head the newly formed Sea Capital unit, which is set to allocate $1bn to consumer and enterprise technology developers in the coming years.

Mar 3, 2021

Presage gets $13m financing provision

LabCorp Venture Fund, Bristol Myers Squibb and Takeda Ventures contributed to $7m in equity funding and a $6m convertible note for the cancer drug developer.

Mar 3, 2021

Instacart gets $265m funding shipment

Fidelity Management and Research co-led a round that more than doubled the Amazon, Comcast and American Express-backed grocery delivery service's valuation to $39bn.

Mar 3, 2021

Volocopter takes flight with $240m series D

Atlantia, Continental, Intel Capital, Klocke, NTTVC and Tokyo Century were among the investors in a round that took the air taxi developer’s overall funding to near $390m.

Mar 3, 2021

Spire Global spies reverse takeover opportunity

The Qualcomm, Qihoo 360, Mitsui and Itochu-backed space data provider will be valued at $1.6bn and listed on the New York Stock Exchange once the merger closes.

Mar 3, 2021
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