Sectors

Wipro Ventures exited email security software developer Emailage, when it was acquired by LexisNexis Risk Solutions. The sizeable deal is part of the wider cybersecurity space which has been popular over recent years.

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

Congruent Ventures is raising a second fund two years after a first $92m vehicle closed with an anchor investment from University of California.

The Tencent, Bank Central Asia and Mastercard-backed cross-border remittance service is seeking series D funding and is in talks with an unnamed financial services firm to lead the round.

Covid-19 Therapeutics Accelerator has launched with $125m to find treatments for the pandemic, $25m of which came from Mastercard.

Alphabet-backed meat substitute provider Impossible said it plans to use the series F funding to shore up against expected disruption by the coronavirus pandemic.

The LinkedIn-backed data streaming platform developer is in talks with investors for a $200m to $300m round that could double its valuation to $5bn.

Ping An-backed health services provider Fullerton could theoretically seek an acquisition deal or spin off its digital division.

Mitsubishi Corporation and Dell Technologies Capital helped AI software provider Noodle.ai boost its total funding to $72m.

UnityPoint’s corporate VC unit backed the series C round for Vida Diagnostics, a lung disease imaging technology provider.

Legend Capital took part in a $14.3m series A-plus round for the edge computing services provider that will fund marketing and R&D.