Industrial

Corporates Tencent and SoftBank invested in a $2.41bn round raised by real estate platform Beike Zhaofang at a reported $14bn valuation. The transaction is part of the broader real estate tech space which has seen a surge in valuations in recent years.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

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

Cemex Ventures has exited concrete analysis technology developer Concrete Sensors having participated in a $2.9m round less than two years ago.

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

Cash Capital portfolio company VIPioneers has closed on series A2 funding in the run-up to mass-production of its autonomous coalmine transport system.

Supply chain services provider Imperial Logistics is targeting early-stage logistics with a fund that is being managed by venture firm Newtown Partners.

Imperial College London has opened a new funding stream for its early-stage research with the launch of its Parkwalk Advisors-managed Innovation Fund.

Alphabet’s self-driving car developer Waymo raised its first external funding in a round backed by its parent company and two other corporates.

Nxrobo participated in a $14.4m round for satellite services provider MinoSpace, whose early investors include Yongxin and China Aerospace Science and Industry Corporation.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.