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Daily deal net: May 4, 2020

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


May 4, 2020

Iliev takes the helm at NetScientific

EMV Capital managing director Ilian Iliev has replaced Ian Postlethwaite as CEO of NetScientific on a part-time basis.

May 4, 2020

Intel to make a $1bn move on Moovit

Two years after leading a $50m series D round for the urban mobility app developer, Intel is in the final stages of an acquisition of Moovit priced at approximately $1bn.

May 4, 2020

Byju’s begins work on $400m deal

Prosus, Times Internet and Tencent-backed online education provider Byju’s is seeking up to $400m in funding at a $10bn valuation, just a couple of months after fetching an $8bn valuation.

May 4, 2020

Octopus Energy originates $327m

Origin Energy has agreed to make a strategic investment in energy supplier Octopus Energy for a total of $327m.

May 4, 2020

Asapp accesses $185m series B

Telstra was among the investors in a $185m series B round that brought the artificial intelligence-powered customer service technology developer’s total funding to $260m.

May 4, 2020

Kurma sets the stage for $175m fund

Life sciences-focused venture firm Kurma Partners has secured Servier Laboratories for a third fund dedicated to early and incubation-stage therapeutics companies.

May 4, 2020

Abiomed absorbs Breethe

University of Maryland's respiratory support device spinout Breethe has been picked up by Abiomed, which aims to expand treatment options for cardiogenic shock patients.

May 4, 2020

Otonomo accelerates with $46m series C

SK Holdings, Avis Budge and Alliance Ventures all took part in a round for that will support the vehicle data technology provider's global expansion.

May 4, 2020

Vida Health inspires $25m commitment

Workday Ventures returned for a $25m funding round for the online healthcare portal, whose shareholders also include GuideWell Mutual and Teladoc.

May 4, 2020

Kurma sets the stage for $175m fund

Life sciences-focused venture firm Kurma Partners has secured Pasteur Institute for a third fund dedicated to early and incubation-stage therapeutics companies.

May 4, 2020

Hypersonix accelerates with series A

Intel Capital led an $11.5m series A round for Hypersonix, the creator of an artificial intelligence-driven autonomous analytics platform for consumer commerce data.

May 4, 2020
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