Health

A Hanwha subsidiary will take an 8.8% stake in the UK-based satellite connectivity provider OneWeb, helping it increase its funding to $2.7bn since it has resurrected from bankruptcy.

TU Delft and UMC Utrecht spinout MILabs has been purchased by Rigaku Corporation, which plans to use its medical imaging technology in drug development.

SoftBank Ventures Asia led ERP software provider Mabang's $46.3m series B round while Mainport Innovation Fund exited electrification technology developer ViriCiti.

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

Sino Biopharmaceutical was among the participants in a round valuing the drug development technology provider at over $2bn.

Eyevensys has added $12m to its coffers, having previously procured $30m in a series B round backed by Inserm Transfert in early 2020.

Nanox is paying up to $230m for corporate-backed medical technology developers Zebra Medical Vision and USARad, while electronics marketplace JustFit raised over $46m.

Country Garden Venture Capital led a $66.3m series B2 round for the bioplastic and pathogen detector developer that included Septwolves Venture Capital.

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

Leyaoyao raised a nine-digit yuan amount from investors including 37 Interactive Entertainment while Lockheed Martin and Booz Allen Hamilton contributed to AI developer Latent AI's series A round.

UPMC Enterprises has participated in a $20m series A round for healthcare data management company Smile CDR.