Sectors

Tencent has followed its series A investment in the comics and animated content producer last year by acquiring a majority share in the company.

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

Doosan, Gree, Oppo and Summit Media have exited the young female-focused social media platform in an acquisition by MyGlamm.

The bespoke suit maker’s three-month initiative will admit up to 15 D2C-minded startups and projects for its first batch.

The smart electric carmaker, which has raised a reported $2.5bn from investors including Alibaba, Foxconn, UCar and Xiaomi, has set a placeholder target of $100m.

The chip manufacturing services firm is set to go public $268m in an oversubscribed offering that will enable Samsung, Xiaomi and Intel to exit.

UChicago’s Arts + Public Life hub has launched a shopping arcade-based retail accelerator starting with three black-owned businesses.

The Softbank, Telstra and American Express-backed e-commerce software producer has closed its IPO after its shares more than tripled in price.

Xiaomi has backed a $50.2m round that lifted the total raised by the SMIC-backed chipmaker to more than $80m in just over a decade.

Citi Ventures has returned to help invest $50m in the online payment platform, two years after participating in a deal the same size that was led by PayPal.

REV Venture Partners returned for a series D round that pushed the data collaboration platform's overall funding to $83m.