Sectors

Keio spinout Heartseed has added $37m to its coffers thanks to the university's Innovation Initiative and UTokyo Innovation Platform.

BOE Technology and Will Semiconductor have chipped into a series C7 round for the multicorporate-backed AI computing chip producer valuing it at $5bn.

TUM spinout Celonis has grown to Germany’s first decacorn, three years after becoming the university’s first unicorn.

The Tencent, Naspers and BCC-backed educational course provider secured the funding at a $16.5bn valuation, adding to $1bn it raised in April.

The SoftBank, Tencent and Shougang-backed online car retailer boosted its valuation to $10bn in a round led by H Capital.

SoftBank has returned to reinvest in the American Express-backed payment technology provider, which is now valued at nearly $2bn.

Osei Van Horne, a founding managing director of technology at Wells Fargo Strategic Capital, has joined JP Morgan’s Private Capital unit as managing partner and global head of sustainable growth equity investing.

The charter bus booking platform is planning a significant expansion following a capital injection supplied by investors including SoftBank.

Access Industries has led a financing round for the mental health services provider at a $1.2bn valuation, with the funding set to support an expansion in its services.

Mayo Clinic and Alexandria Venture Investments contributed to a $55m extension that boosted the molecular drug developer's overall funding to $143m.

Barclays Sustainable Impact Capital led a $28.5m round for the energy management software provider that included existing investor Aggreko.