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Daily deal net: May 7, 2021

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

May 7, 2021

Dyno Therapeutics evolves to raise $100m

Advancing Harvard Medical School research, Dyno Therapeutics has raised $100m to advance its gene therapies based on AAV.

May 7, 2021

Bill.com decides on $2.5bn Divvy acquisition

Hanaco and PayPal are set to exit Divvy, a provider of corporate spend management software, at a 56% premium to the valuation at which they invested in January.

May 7, 2021

Valgen validates series B funding

China Life Healthcare Fund and Venus Medtech have taken part in a round for the heart valve treatment developer sized in the hundreds of millions of dollars.

May 7, 2021

Day One initiates IPO process

The Takeda and Access Industries-backed oncology therapeutics developer is targeting an offering on the Nasdaq Global Market having previously raised $190m.

May 7, 2021

Dyno Therapeutics evolves to raise $100m

GV was among the investors in a series A round led by Andreessen Horowitz closed three years after the gene therapy developer's launch.

May 7, 2021

Vast Data vaults to $83m series D

Nvidia participated in a round valuing the data storage technology provider, which counts Dell, Siemens and Mellanox as investors, at $3.7bn.

May 7, 2021

Florence finds $80m for series C round

The Atrium Health-backed clinical trial software provider increased its overall funding to over $88m in a round led by Insight Partners.

May 7, 2021

Valmont to harvest Prospera in $300m deal

Tekfen Ventures, Cisco Investments and Qualcomm Ventures are set to exit the crop monitoring technology developer later this year in a deal with Valmont Industries.

May 7, 2021

Zynga gets Chartboost in $250m deal

The SK Telecom-backed app advertising and monetisation service provider is set to be bought by Zynga following $21m of venture funding.

May 7, 2021

Better Collective to buy Action Network

The Chernin Group is set to exit the sports betting news platform provider it extablished four years ago, in a $240m acquisition deal.

May 7, 2021
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