IT

Innovative region: Brazil

Sector report: Oil and gas

For many of the attendees at the Global Corporate Venturing and Innovation Summit 2021 held late last month in Monterey, California, the conference was their first in-real life (IRL) event since the pandemic effectively stopped them in the first quarter last year after the previous summit.

Corporate-backed communications monetisation technology developer Matrixx Software raised $50m from Francisco Partners while cancer drug developer Abalos took the same in a BIVF-backed round.

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

The Real Web-backed automotive marketing software developer intends to use the IPO proceeds to accelerate the development of new products, fuel its M&A strategy and expand its customer base.

The Bloomberg Beta-backed machine learning technology provider's valuation passed the $1bn mark in a series C round which lifted its overall funding to $200m.

Tsinghua University-linked data protection software developer’s latest round valued the company at $621m.

Bond trading platform developer Trumid raised its latest round, featuring Singapore Exchange, at a $2.4bn valuation. This is one of the latest examples of such multi-million dollar deals from the roaring fintech space.

Solar wafer technology developer NexWafe bagged $45m in a Reliance Industries-led round while BDMI helped hike collectibles marketplace Rally's series B to the same size.

Thomson Reuters Ventures will target developers of enterprise software products which inform the business information provider's areas of interest.