Sectors

KAUST agricultural technology spinout Red Sea has added $6m to a pre-series A round featuring the university that now totals $16m.

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

Ventricular assistance system developer CH Biomedical closed a Baheal-backed series D round while peer-to-peer lending platform Alami secured $17.5m in a round led by EV Growth.

Goldman Sachs-backed Carta used its own equity funding management software to set the $6.9bn pre-money valuation at which it raised the cash.

The PayPal and Coinbase-backed digtal tax software provider hiked its valuation to over $1.3bn in a round co-led by Insight Partners and IVP.

The smart electronics producer, backed by Xiaomi, closed series C funding to accelerate research and development with a focus on 5G technologies.

The Ant Group, Samsung and Citi-backed cross-border trading software provider secured series D funding from Affinity Equity Partners.

The Lennar Ventures-backed homebuying programme operator secured its latest funding from multiple returning investors, six months after its series C round.

The Dell-backed monetisation software platform developer hiked its overall funding to $270m with $90m from Goldman Sachs Asset Management Private Credit.

Nio Capital returned for the lidar system developer's series B-plus round, which will support research and development activities.

The corporate’s OnMobile Global Solutions Canada unit acquired the creator of a gamer analysis app dubbed Rob0, more than a year after purchasing a 25% stake.