Sectors

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

Optum Ventures has led the latest round for the health plan administration platform, investing together with Cigna Ventures to take its overall funding to $40m.

The fresh produce distribution service will invest in agricultural technology startups at seed stage, supplying technology and experience as well as cash.

CSAA participated in the first close of a series D round for Kin Insurance, which is part of the broader insurtech space, which has enjoyed the attention of corporate venture investors.

Carbon-to-diamond technology developer Aether raised $18m in a Helena-led round while healthcare fintech startup Lynx emerged from stealth with $17.5m from investors including Commonwealth Care Alliance.

The corporate-backed virtual cosmetics app developer’s SPAC merger later this year is set to be boosted by $50m in financing from investors including CyberLink, Chanel, Shiseido and Snap.

Honeywell participated in a round valuing Volocopter at nearly $1.9bn as it as it races to be the first eVTOL vehicle developer to market in Europe and Asia.

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

Fitness app developer Keep filed for a Hong Kong IPO while construction data software provider OpenSpace secured $102m and Snowflake agreed an $800m acquisition of data technology producer Streamlit.

Prosus Ventures has returned to back the on-demand delivery service, helping the company’s total funding reach nearly $129m.

CSAA took part in the first close of a series D round for Kin Insurance, one of several companies using big data to cover higher-risk policies.