Services

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

The Bloomberg Beta, WME Ventures and Novel TMT-backed video education provider more than tripled its valuation to $2.75bn in the round.

Short-term accommodation provider Cohabs secured more than $70m in a round led by AG Real Estate, while Stampli, Impress and Tarana Wireless each raised $50m.

Human resources software provider Legion and edge cloud services provider Zenlayer each received $50m while Intel is exiting Sedona Systems in a $100m acquisition.

SoftBank has invested in Beisen through what the latter claims is the largest investment deal to date for a China-based human resources software provider.

The Takkt-backed operations management platform developer is eyeing international expansion following a series C round led by Insight Partners.

Bertelsmann helped crypto financial service provider Babel Finance close a $40m series A round while Blind raised $37m from investors including Cisco.

Legend Holdings' Legend Star unit led a round for optical chip producer Turing Quantum sized above $15m while several Japanese companies also raised money.

Solid-state battery developer Solid Power secured a $130 series B round co-led by its potential customers from the automotive sector BMW and Ford Motor Company.

Opioid addiction care provider Groups Recover Together and healthcare management platform developer Vim each raised $60m, with Optum Ventures backing both rounds.