Sectors

North Wearables, the Intel and Amazon-backed AR glasses developer formerly known as Thalmic Labs, has raised $170m over eight years but could run out of cash within four months.

UC Berkeley's Nurix Therapeutics will use the capital to prepare two protein modulation-based immuno-oncology drugs for the clinic.

Celgene-backed Nurix Therapeutics will use the capital to advance two protein modulation-based immuno-oncology drug candidates toward clinical trials.

Alibaba Pictures is investing $56.5m for 60% of the Yinhekuyu's shareholding, its sister company Youku already having taken a 20% stake.

The online dating group intends to invest up to $5m at seed to series B stage through a strategic fund that has already made its first deal.

Juniper Networks and Cox have backed a sizeable series B round for edge and cloud computing tech developer StackPath.

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.

Tencent is reportedly set to co-lead a round for online education platform Yuanfudao with an original target size of $1bn and a rumoured $7.5bn valuation.

The mobile game publisher received $200m from Advance and existing backer The Chernin Group at a $1.9bn valuation and has now raised about $560m in total.

DuPont is shutting down its corporate venture capital arm as part of a cost-saving process that will involve it cutting its corporate innovation activities.