Industrial

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

Mercuria Energy Trading contributed to a round which will support the international growth of the lithium-extraction technology developer.

UOB Venture Management led a $30m round for social commerce platform developer Evermos while Advanced Farm Technologies and Nex each bagged $25m.

Legend Star was among the investors that backed the warehouse robot developer’ series D round, disclosed alongside its series C funding.

Fifth Wall hopes to close its climate technology-focused fund at $500m having secured capital from Invitation Homes and Ivanhoé Cambridge.

Xiaomi Ventures co-led the manufacturing industry’s digitalisation technology provider’s $30.9m round, participating alongside new and returning investors.

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

Alibaba and Ping An-backed Prenetics is set to complete a reverse merger at a $1.25bn valuation. Exits from the broader genetics and gene therapeutics space appear to be in the middle of a valuation spike, according to our data.

Conductive Ventures returned for online savings platform developer Self Financial's $50m series E round while EV producer Volta Trucks completed its $43.6m series B.

Meituan has reinvested in the food delivery robot maker, which also counts Tencent as an existing backer, through a round likely sized at $78m.

SoftBank’s Vision Fund 2 led a round for the service robot developer that also fetaured Saudi Aramco’s Prosperity7 Ventures vehicle.