IT

The corporate investors have secured $77.3m for a venture capital fund which will back data intelligence technology developers.

The AI accelerator technology developer raised an eight-figure dollar amount in a round led by a China Mobile-backed investment vehicle.

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

Q&A with Radhika Malik, senior investment manager, Samsung Catalyst Fund

The Slack-backed app monitoring platform developer raised the money in a round led by returning investor Accel, bringing its total funding to $127m.

Boreal Ventures will invest in deep tech companies emerging from ÉTS Montréal’s incubator Centech and the wider Quebec ecosystem.

South China University of Technology spinout POI-Tech is working on industrial internet applications and will use some of the money to expand R&D activities.

The firm has launched a fund and accelerator called Boab AI that will be run by Deakin University’s former ventures director Andrew Lai.

The JD.com, Shanghai Pharma and SoftBank China Venture Capital-backed O2O medical services operator, has secured fresh funding from investors including Sinocare.

Telstra and Standard Chartered Ventures helped the cloud security software provider hike its overall funding to about $185m.

Spacecraft manufacturer SpaceX reached a $74bn valuation, a more than sixfold increase on the $12bn it fetched when Google led a $1bn round in 2015.