Sectors

Sector report: Transport

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

Porter Alliance for Innovative Medicines will be equipped with $130m to advance research from Stanford’s Innovative Medicines Accelerator.

Ocado and Virgin have returned to back the autonomous driving system provider, joining Microsoft to push its funding to $258m in total.

Nestlé is throwing its weight behind the Eureka Fund, a vehicle focused on spinouts from 27 research centres and universities across Italy.

Johnson & Johnson, Novo and Alphabet all invested in the clinical data platform developer’s latest round, as big data analytics moves further into healthcare.

Rachel Weiss has spent almost 15 years at L’Oreal and said she would be an early-stage investor at its Bold Ventures subsidiary.

Shell Ventures intends to invest the capital over the next six years to support energy technology startups and scale-ups.

EDF Pulse Ventures investment manager Loic Raynal is taking a short-term additional position at private equity firm Eurazeo.

Yamaha Motor Ventures and Laboratory Silicon Valley has promoted Anish Patel from partner to chief operating officer and managing director.

Bank of Montreal provided debt and equity financing for industrial product marketplace Inxeption, which raised $275m, while smart home product maker Orvibo received $158m.