Sectors

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

Alibaba is set to retain a 32% stake in its financial services spinoff, which has secured regulatory permission for a dual listing that could value it at more than $250bn.

Sony, 21st Century Fox, WarnerMedia, Alibaba, Walt Disney and Entertainment One are among the investors that had supplied $1.75bn for the short-form streaming service.

The Tencent and Didi-backed online automotive marketplace, which was valued at $1.7bn just two years ago, could sell its major assets for next to nothing.

Airbus Ventures participated in a series C round that boosted the car dealership software provider's total funding to $215m in four years.

The UnitedHealthcare-backed health insurer has announced a $105m series B round that comes after a $70m round two years ago.

Existing investor Cox Enterprises led a debt and equity round to increase its share in the indoor farm operator to a majority stake.

The mobile network operator's T-Mobile Ventures unit is being managed by Touchdown Ventures and will target 5G-related technologies.

Nexstar Media co-led a round disclosed two months after the company launched its gaming and esports livestreaming network.

The UC Berkeley spinout has been snapped up by Astellas, two years after the latter took part in its series A round.

TUM-affiliated UVC Partners has raised a third fund from limited partners including Lanxess to invest in industrial technologies, business-to-business software and mobility.