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

Despite being the first year spent entirely during the pandemic, 2021 underlined the strengths of the ecosystem with spinouts raising nearly $39.2bn.

Baidu and Geely committed $400m to Jidu, their joint venture from the hot electric vehicle space. The proceeds from this latest transaction will go to R&D and mass production of cars.

SoftBank Vision Fund 2 helped blockchain technology provider Blockdaemon close a $207m series C round while Qualcomm-backed audio equipment brand BoAt is targeting $246m in its flotation.

SoftBank's Vision Funds took part in a $260m series F round for online finance provider Creditas and led last-mile delivery service Paack's $225m series D.

On Deck Fund (ODF) is a $150m pre-accelerator focused on startup ideation representing talent network On Deck.

Anhui Jiangnan Construction Investment Group helped commercial rocket developer Galactic Energy secure $200m while off-road vehicle developer Rox raised $100m in a Tencent-led round.

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

As the pandemic continues to drive funding for supply chain companies, logistics robotics company Exotec raised a multimillion-dollar round at unicorn valuation.

SoftBank Vision Fund 2 helped revenue growth technology provider 6sense close a $200m series E round at a $5.2bn valuation, cash used to acquire Gree-backed sales software developer Saleswhale.

The on-demand apparel printing wholesaler received backing from Joyy to expand into the US market.