Sectors

MassMutual Ventures backed LinkSquares in a round which brought the language analysis software developer’s total funding to more than $21m.

CCB and CO2 Management came onboard in an $11.3m round for ZEG as it continutes work on its clean hydrogen generation facility.

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

The Ping An subsidiary is providing strategic assistance to portfolio companies during the Covid-19 pandemic, though managing director Lacey cautioned that startups with high burn rates are facing high risk.

Frontier IP's half-year profit rose 86% in dollars to the end of 2019 but its stocks are now under pressure in the current economic climate.

Gaming and internet company Kunlun is committing about $140m to the internet and AI-focused fund as one of its two cornerstone investors.

The edible protein developer has rebranded from Sustainable Bioproducts and received series B funding from investors including existing backers Danone and Archer Daniels Midland.

Lilly Asia Ventures, an investor in the cancer drug developer since its series A round, returned to back a series C that doubled its overall funding to $140m.

Online streaming service FuboTV, which has raised nearly $150m from investors including Sky, AMC, Discovery, Univision and 21st Century Fox, is set to merge with FaceBank.

The corporate has a 44% stake in growth equity fund AP Ventures, which plans to invest more than $30m in a total of five or six portfolio companies.

Legend Holdings-backed semiconductor laser developer Berxel received $14.1m in a round that was led by Vision Knight Capital.