Sectors

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Sustainable fabric technology developer Natural Fiber Welding secured $13m in a round led by strategic partner Ralph Lauren.

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

Eberhard Karls University of Tübingen's messenger RNA drug developer CureVac priced the offering at the top of its range.

The Alibaba and SoftBank-backed sports apparel merchant increased its valuation to $6.2bn in a series E round co-led by Fidelity and Thrive Capital.

GlaxoSmithKline Eli Lilly and Genmab-backed messenger RNA drug developer CureVac priced the offering at the top of its range.

The plant-based food producer boosted its valuation to $4bn and has now raised $1.5bn since being founded by Stanford faculty in 2011.

UChicago has returned for a $35m series B round for Kin Insurance, co-founded by an alumnus of the university’s Booth School of Business.

The plant-based food producer boosted its valuation to $4bn and has now raised a total of $1.5bn from investors including GV.

The JD.com subsidiary is set to pay $432m for a majority stake in the GLP-backed logistics services provider through a mixture of primary and secondary investment.

The fungal disease drug developer pulled in $60.8m from investors including Novo, which is switching board members at the company.