Industrial

Hua Insurance is in line for a bigger exit as Qingdao Victall Railway oversubscribes its planned initial public offering to raise as much as $172m in proceeds.

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

Lehe Food has secured the return of Meituan Dianping's DragonBall Capital with an eye on expanding its food distribution and supply chain business.

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

Alphabet has contributed to a $400m for Sidewalk Infrastructure Partners, a spinoff from the conglomerate’s smart cities technology subsidiary Sidewalk Labs.

The SoftBank Vision Fund I, the $100bn investment vehicle of telecoms conglomerate SoftBank, and VC firm Sequoia Capital China have committed an additional $200m to China-based automotive e-commerce platform Chehaoduo, bringing its series D round to $1.7bn

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

UC Berkeley-aligned generalised robotics software developer Covariant, which emerged from stealth in January, has now assembled at least $67m of funding.

Flint Hills Resources has contributed to a $133m series B round for RWDC Industries, which is working on a biodegradable alternative to plastic.

Workforce collaboration software business Tehama, a spinout of IT services firm Pythian, attracted investors including Omers Ventures for its first funding round.

The university has launched Food & Agriculture Science Transformer in a bid to uncover top-tier concepts based on food, agriculture and animal science.