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Daily deal net: October 27, 2020

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


Oct 27, 2020

Microchip ingests LegUp Computing

University of Toronto's FPGA programming platform developer LegUp Computing has been acquired in a deal that allowed Intel Capital to exit.

Oct 27, 2020

SmartSens picks up $225m

The image sensor provider's latest round was led by Xiaomi Changing Industrial Fund and backed by Lenovo Capital, Wingtech Technology and Transsion Holdings.

Oct 27, 2020

Robust Intelligence grasps $14m

Founded out of Harvard University, Robust Intelligence has raised seed and series A capital to push its initial slate of AI security products.

Oct 27, 2020

Legend Star shines with $118m fund close

Parent company Legend Holdings contributed 25% of the total as early-stage investment arm Legend Star closed its fourth renminbi-denominated fund.

Oct 27, 2020

Floadia floats to corporates for series C funding

Teijin has led the second close of an $11.4m round for the flash memory technology developer, investing with backers including Marubeni Ventures and NEC Capital Solutions.

Oct 27, 2020

Microchip Technology gets LegUp

Intel Capital has exited LegUp Computing, a provider of field-programmable gate array programming technology, in an acquisition by Microchip.

Oct 27, 2020

Intel announces latest Ignite intake

Ten Israel-based startups have joined the third batch of Intel Ignite as its corporate sponsor prepares to export the concept internationally.

Oct 27, 2020

Elliptic Labs detects public listing

The University of Oslo sensor software spinout has started trading on the Merkur Market, part of the Oslo Stock Exchange.

Oct 26, 2020

Bixin tricks out $100m investment vehicle

Bixin Ventures is investing in crypto technology developers and has just co-led a $10.9m round for light blockchain developer O(1) Labs.

Oct 26, 2020

EdgePresence manages DataBank's $30m

DataBank had previously acquired Zayo Group's zColo data centres and has now invested in co-located data centre provider EdgePresence.

Oct 26, 2020

Analysis: Ant Group to go public

Alibaba´s financial subsidiary Ant has received approval from regulators which will allow a dual listing on the Shanghai and Hong Kong stock exchanges and enable it to raise up to $35bn at a reported valuation of $250bn.

Oct 26, 2020
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