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Deals: November 25, 2021

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


Nov 25, 2021

J&T Express gets $2.5bn funding delivery

Tencent returned to reinvest in a round valuing the e-commerce fulfilment service at $20bn as it prepares for an initial public offering next year.

Nov 25, 2021

Ambilight secures series C funding

BYD and Nio Capital helped the electrochromic glass developer raise a nine-figure amount in a round led by Warburg Pincus.

Nov 25, 2021

Lancium mines $150m in funding

Lancium, a developer of greener cryptocurrency mining technology, completed a round led by Hanwha Solutions.

Nov 25, 2021

Telenor and CP explore Thai investment vehicle

Telenor and CP Group are considering setting up a corporate venturing fund with up to $200m in capital as part of a potential merger of their Thai telecoms units.

Nov 25, 2021

Rescale reinforces series C round to $105m

The artificial intelligence software developer closed a round that included Nvidia, M12, Hitachi Ventures and Samsung Catalyst Fund.

Nov 25, 2021

Coinbase buys BRD to boost crypto offering

SBI, Ripple, OKWave and Credit Saison have exited the digital currency trading service in an acquisition by Coinbase.

Nov 25, 2021

Science Creates opens second location

The Bristol incubator has opened a second space as it looks to increase its support for companies tackling challenges such as climate change.

Nov 25, 2021

Vision Medicals wins $47m

The medical technology developer received series D funding from investors including existing backer Tencent, pushing its total funding past $120m.

Nov 25, 2021

Luma Health hauls in $130m

The Stanford StartX-backed healthcare administration platform developer raised series C financing that took its overall funding to $160m.

Nov 25, 2021

Impossible Foods bites down on $500m

The plant-based food producer increased its overall funding to almost $2bn in a round that brought the Stanford-linked company’s valuation to a reported $7bn.

Nov 25, 2021

Stilla collects $35m

Illumina helped the digital PCR technology developer secure fresh convertible bond and loan financing that will be used for international expansion and the further development of its platform.

Nov 25, 2021
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