IT

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

Managing partner Tak Sato talks about insurer MS&AD’s corporate venturing unit located in Silicon Valley.

3D printing developer Carbon raised a new round reaching $260m and featuring corporate backers from different sectors.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Intel and Liberty Media have returned for TrapX Security's $18m series C round, having previously invested in a $14m series B that closed in 2016.

Qualcomm Ventures led the Xiamen C&D-backed autonomous driving technology developer's $14.5m series C-plus round, investing alongside existing backer Legend Capital.

The $33.6m vehicle will invest through security services and technology provider Prosegur's Prosegur Tech Ventures subsidiary, in startups developing security and fintech products.

Aviation Industry Corporation of China and GF Securities took part in the anti-theft and fraud software developer's latest round, which was in the eight figures.

National Grid Partners and Sistema Asia Fund took part in the round, which increased the conversational software provider's valuation to about $130m.

Rajesh Swaminathan, head of Applied Ventures, spoke to GCV about his unit increasing its investment as it prepares to bring its New York engineering services facility online.

Ahren Innovation Capital, co-founded by eight Cambridge, UK, researchers, has reached its final close, having attracted limited partners including Unilever, Sky and Aviva.