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Daily deal net: September 13, 2021

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


Sep 13, 2021

Lexeo Therapeutics bags $100m

Cornell spinout Lexeo Therapeutics has added $100m to its coffers thanks to a series B round co-led by D1 Capital Partners and Eventide Asset Management.

Sep 13, 2021

Jam City plays for $350m

The mobile game developer secured $350m from investors including Netmarble and Kabam and has closed the purchase of gaming studio Ludia.

Sep 13, 2021

Cars24 drives to $259m

Tencent was among the investors in a round which valued the automotive e-commerce platform developer at $1.75bn.

Sep 13, 2021

Papaya Global packs in $250m

Access Industries and Workday Ventures contributed to a series D round which more than tripled the workforce management platform developer's valuation to $3.7bn.

Sep 13, 2021

Exscientia explores Nasdaq IPO

Dundee spinout Exscientia has filed for an offering that would provide exits for SoftBank Vision Fund 2, Novo, BMS, Celgene, Evotec and Pivotal BioVenture Partners.

Sep 13, 2021

Agile accumulates $220m in series C round

Softbank, Foxconn and Xiaomi all backed a series C round for the smart robotics technology developer, which is now valued at over $1bn.

Sep 13, 2021

Obsidian Therapeutics rocks $115m series B

Amgen, Bristol Myers Briggs and Vertex Pharmaceuticals were among the investors that brought the gene therapy developer’s overall funding to over $164m.

Sep 13, 2021

Ximalaya descends from US offering

The Tencent-backed audio streaming platform developer cancelled its plans to float in New York after the Chinese authorities asked it to consider listing in Hong Kong.

Sep 13, 2021

Lexeo Therapeutics bags $100m

The gene therapy developer secured backing from Lundbeck and Alexandria Real Estate Equities in a series B round that will support the advancement of its clinical pipeline.

Sep 13, 2021

Zeotap taps into series C extension

Liberty Global helped the MathCapital and Here-backed customer intelligence software provider take its series C funding to $71.5m.

Sep 13, 2021

Affinity connects to $80m series C round

MassMutual Ventures and Advance Venture Partners returned to back the relationship management tool provider’s latest round, which brought its overall funding to $120m.

Sep 13, 2021
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