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Duolingo translates pitch to collect $10m
General Atlantic has supplied equity and secured shares through a secondary transaction, and will aid the CMU-founded language app developer's international growth objectives.
Onfido obtains $100m
M12 and Salesforce Ventures have returned for a $100m round for the identity verification technology provider, which is also backed by University of Oxford.
AISpeech articulates $58m series E
CTC Capital has led an $58m series E round for AISpeech, a natural language processing technology developer already backed by TusPark Ventures.
Collibra collects $112m
CapitalG returned for a late-stage round that pushed VUB spinout Collibra’s total funding beyond $345m and boosted its valuation to $2.3bn.
Outset Medical obtains $125m
D1 Capital Partners has led a series E round for Outset Medical, pushing the OSU dialysis device spinout’s overall funding to more than $430m.
Daily deal net: December 18, 2019
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Duolingo converses with CapitalG for $30m
Carnegie Mellon University's language teaching app Duolingo has received series F funding from existing backer CapitalG and is now valued at $1.5bn.
CureFit starts training for $100m round
Temasek could reportedly invest in CureFit at a valuation of $800m, three years after UC-RNT Fund supplied $25m to the wellness services provider.
Databricks builds $400m series F
Andreessen Horowitz has led a $400m round for the data preparation software provider based on UC Berkeley research, more than doubling its valuation to $6.2bn in eight months.
Oxford Nanopore to embrace $2.1bn round
Oxford Nanopore is reportedly eyeing a $2.1bn private placement that could offer an exit to Woodford Investment Management.