Sectors

A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.

The driver safety technology provider's series B round was led by Ping An Capital at a valuation of almost $1.56bn and also featured SK China.

The Global University Venturing deal net rounds up the smaller investments from across the university innovation ecosystem.

Duke Energy is among the investors in Source Global, which has created panels that generate clean drinking water from sunlight and water vapour.

Cosco Shipping Development was among the investors in a round set to boost the self-driving technology developer’s research and development activities.

The Brii Biosciences-backed lung disease treatment developer priced an upsized offering in the middle of its range.

Bikini brand Frankies Bikinis received $18m from strategic investor Victoria's Secret while department store retailer Lojas Renner has formed a $31m investment vehicle.

The grocery delivery service has slashed its valuation by almost 40% post-coronavirus, though that still represents a hefty increase for corporate backers Comcast, American Express and Amazon.

GAC and Bosch were reportedly among the investors which put up fresh capital for the autonomous driving technology developer at a $4.4bn valuation.

Real estate developer Tishman Speyer's Proptech Venture Fund is targeting $150m to back innovative real estate technology, following a series of investments by its parent.

Amgen Ventures and existing backers GV, Heritage Provider Network and Alexandria Venture Investments helped the cancer and IBD drug developer secure fresh funding.