IT

University of Tokyo Innovation Platform has led a $15.3m funding round for VividQ, while the institution’s Edge Capital increased its capital commitment.

The corporate-backed AI software producer has reportedly hiked its valuation close to $6bn in a round co-led by Altimeter Capital and Tiger Global.

The Comerica Bank-backed conversational intelligence technology developer backed secured series C capital to take its total funding to $315m.

Verizon Ventures, Dell Technologies Capital, NTT Docomo Ventures and MS&AD Ventures are set to exit Vdoo via a cash and stock acquisition by JFrog.

SBCVC helped supply $46.5m for smart industrial software developer Ones while e-commerce marketplace aggregator 10club raised $40m in a PDC and HeyDay-backed seed round.

Karlsruhe Institute of Technology spinout Kites has agreed to an acquisition of undisclosed size by Zoom Video Communications.

The Qualcomm Ventures and Samsung Ventures-backed XDR cybersecurity platform developer is going public in an offering sized above $1.22bn.

Ferguson Ventures has returned to reinvest in the business management software developer, which has collected nearly $41m in overall funding.

Juniper Networks, Wargaming and CME Group have exited secure communications app developer Wickr in an acquisition by AWS while Country Garden reinvested in tea producer Chali.

A number of corporate backers scored an exit from trucking services marketplace Full Truck Alliance (Manbang Group), as the latter went public in the US. This transaction exemplifies an upward trend in exits for corporate-backed businesses from the transport and mobility space.

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