Sectors

Microsoft, CSAA, Motorola Solutions and AAA-backed emergency response technology developer RapidSOS has secured $51.2m in new funding.

The autonomous driving software provider completed a series B round led by BP Ventures that also featured corporate investors Tencent and Halma.

EV Growth took part in a $30m round for the robo-adviser developer, which had been acquired by Stockbit in early 2019.

Boston Metal is most of the way to a $60m target for its latest round, thanks to a consortium that included returning backer The Engine.

University of Oxford’s autonomous driving software developer Oxbotica has secured $47m in a series B round featuring IP Group as well as several corporates.

Jubilant Foodworks is providing $12.9m for the barbeque restaurant operator at a valuation of about $115m.

The oncolytic virus therapy-based cancer drug developer is based on research at Salk Institute and has raised $77m in its series A round.

Q&A with Derek Idemoto, SVP of corporate development and Cisco Investments

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

Utec has made its largest initial commitment to date by backing Keio-founded Metcela, a developer of cell therapies for heart disease.

Tencent made its fourth investment in data centre technology provider Enflame Technologies, which has now raised more than $470m altogether.