Sectors

Naspers Ventures-backed Joymode has been saved through an acquisition by XRC Labs, having failed to scale its consumer goods rental service effectively.

Hubert Burda Media has participated in a $16m series C round for StashAway, bringing its total funding to more than $36m.

The accounting software provider received $14.2m in a round co-led by Rabo Frontier Ventures that included Commerzbank.

Dassault Aviation put up $15.3m for the $739m close of Ace Aero Partenaires' aviation technology fund, which includes Airbus, Safran and Thales among its limited partners.

Stanford-StartX Fund has backed the electronics manufacturing management software developer, with the proceeds going to product development.

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

E-commerce software startup Shushi has received approximately $14.3m from Tencent Investment through an angel round.

Thrive Earlier Detection, the developer of an early cancer screening blood test invented at JHU and backed by Exact Sciences and Blue Cross and Blue Shield Association, has raised $257m in series B funding.

Thrive Earlier Detection, the developer of an early cancer screening blood test invented at JHU, has raised $257m in series B funding.

Sema4, spun out of Icahn School of Medicine, has achieved a valuation of more than $1bn following a $121m series C round.

Mount Sinai Health System spinoff Sema4 has achieved a valuation of more than $1bn following a $121m series C round that featured all existing external shareholders.