Sectors

SoftBank led a $500m round for the driverless vehicle software spinoff of the ride hailing company Didi Chuxing.

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

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

NetApp has agreed to pay a reported $450m to buy the cloud workload management platform, which had raised $52m in funding from investors including Intel Capital.

Private equity group Northstar has reportedly led a $130m round for the e-commerce marketplace, which counts JD.com, Sumitomo, CyberAgent and VNG as investors.

WSU neurodegenerative disease drug spinout Athira Pharma will put the proceeds towards phase 2/3 clinical testing of a treatment for Alzheimer's disease.

Cloud collaboration software provider Exostar was formed by BAE, Boeing, Lockheed Martin, Raytheon and Rolls-Royce before Merck & Co became a shareholder in 2014.

The classified listings group is putting up about $46m for Info Edge Venture Fund and expects to mobilise external backers to hit a $100m target.

Penna and Company contributed to a round that lifted the total raised by the QBE and TD Ameritrade-backed enterprise automation software provider to $111m.

The bank is now part of a $17m series A round for the financial investigation software developer led by Index Ventures last November.

Medical consultation platform developer Ubie has received $18.4m from medicine distributor Suzuken that will be used to enhance its apps, increase headcount and expand internationally.