Sectors

Arctos Medical, which is developing gene therapies to treat sight loss, had raised $8.1m from investors including Novartis two years ago.

The investors-focused digital services provider is set to raise the cash from Kotak Mahindra Bank at a valuation of over $420m.

University of Bern spinout Arctos Medical has been acquired by existing shareholder Novartis.

The Baidu Ventures-backed clinical research software provider received $23.2m in the round, which will fund further work on its core platform.

Oracle has signed up to be a cornerstone investor for Oxford Nanopore’s initial public offering, putting up half of the $410m target.

The supply data software developer pulled in $15m through a GV-led round that included Floating Point, Ridgeline Partners, Amadeus Capital Partners and Schematic Ventures.

Ideo contributed to female-focused debit card provider Sequin's $5m seed round while Nikon has exited motion data software developer Wrnch.

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

Exor Seeds and Tencent participated in an equity and debt round for the used car marketplace operator that was co-led by SoftBank Vision Fund 2, valuing it at $1.84bn.

Foxconn and GoTo Group are contributing to a $250m PIPE deal for the Engie, Panasonic and Sumitomo-backed electric scooter system provider’s reverse takeover.

GV owns a 6.6% stake in the DevOps platform developer, which was valued at $6bn as of a secondary share sale late last year.