IT

Oxford and Imperial College-linked Xayn has attracted capital from KDDI and others.

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.

Stanford spinout Snorkel AI has now raised $135m overall and pushed its valuation to $1bn, thanks to commitments from investors like GV.

Imec.xpand has returned for a $16m series B round that will allow Spectricity to accelerate the development of its sensors and imagers.

Alameda Research, Blockchain.com and Coinbase helped cryptocurrency exchange Pintu close a $35m round while small molecule drug developer Aardvark raised $29m.

The JPMorgan Chase-backed cybersecurity software provider raised series B funding to further boost its sales and marketing capabilities.

SoftBank’s Vision Fund returned to back the e-commerce business in a $1bn round. Our data suggest upward pressure on valuations in this space as well.

Claudine Emeott has been moved up to partner at Salesforce Ventures Impact Funds while Adrianna Alterman has been made a director.

Xerox has appointed Faraz Hoodbhoy vice-president of commercialisation and operations at its Parc innovation division.

The sales training software developer has now raised $281m in total, with SoftBank and Qualcomm returning for its series E round.