Sectors

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

Utimco-backed accountable care services network Aledade attracted GV and Echo Health Ventures for its latest round.

Following the January merger of XebiaLabs and CollabNet VersionOne, Purdue spinout Arxan Technologies has also joined the group, now dubbed Digital.ai.

LinkedIn-backed Confluent secured the cash at a $4.5bn valuation, and the data streaming software producer has now raised more than $450m in total.

Tencent, Axiomatic, Walt Disney and Endeavor Group-backed Epic Games, developer of Fortnite and owner of Houseparty, is in talks to raise money at a valuation topping $15bn.

GV took part in a series C round for accountable care services network Aledade that also attracted fellow corporate venturing unit Echo Health Ventures.

The Alibaba-backed e-commerce software and services provider is targeting $61.2m in an initial public offering on the Shanghai Stock Exchange.

Following the January merger of SIG-backed XebiaLabs and CollabNet VersionOne, Arxan Technologies has also joined the group, now dubbed Digital.ai.

BAIC has notched up an exit after the aluminium alloy component provider went public in a $47.8m offering on the Shenzhen Stock Exchange.

Huntington's disease therapy developer BrainVectis, a spinout of research institute Inserm, has been acquired having disclosed just $1m of equity funding in 2016.

The Parkinson's disease therapy developer completed a series A round co-led by AbbVie Ventures, which will also take a board seat at the company.