Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Firefly, a US-based provider of digital billboards for ridesharing vehicles that is backed by Stanford University-aligned Stanford-StartX Fund, has secured AED55m ($15m) in funding from Multiply Marketing Consultancy, a subsidiary of diversified holding firm PAL Group of Companies division International Holding Company. Multiply previously invested an undisclosed amount in May this year. Stanford-StartX had taken part in a $21.5m seed round in 2018 before GV, an early-stage investment subsidiary of technology conglomerate Alphabet, led a $30m series A…
