IT

The cybersecurity software developer increased its overall funding to $43m in a Zscaler-backed series B round.

This is the first in a series of quarterly publications for the Global Health Council looking at drug development, healthcare providers such as hospitals and digital health, payments and patient wellness. This first article looks at the implications of the disease treatments coming out of advanced research and artificial intelligence and the broader shift to digitalisation in healthcare. The next issue will focus on the providers of healthcare.

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

The database software provider more than doubled its valuation to nearly $5.8bn in a series E round that boosted its cash on hand to about $500m.

Legend Capital was among the investors in a round of undisclosed size for Kunlun, an AI chip subsidiary of Baidu, at a valuation of about $2bn.

Alibaba Cloud's stake in the digitalisation technology provider now stands at over 31% following the latter's $61.5m series A round.

Monthly analysis: February

Where do you begin to summarise a year that has been the most challenging on a global scale in living memory?

Feature: artificial intelligence driving disease prevention, digital health enables personalised medicine, investment takes off

Sector analysis: Industrial

The artificial intelligence technology provider is set to raise up to $923m in an initial public offering that would score exits for Alibaba, Foxconn, Legend Holdings and SK Group.