EPFL spinout Bestmile is winding down, citing pandemic-related challenges and a failed attempt at getting acquired.

The UVC Partners-backed bus and train service hiked its valuation to $3bn in a series G debt and equity round that will fund the expansion of its routes.

Tsinghua Research Capital has participated in a $23m series A-plus round for the self-driving technology developer.

MaC Venture Capital has raised its inaugural seed fund thanks to limited partners including University of Michigan and Howard University.

Ocado will provide $13.8m in a series B extension that follows a $47m close in January.

Satt Paris-Saclay’s portfolio company Altaroad has raised $11.7m in funding.

The vertical take-off and landing jet developer, an Unternehmertum spinout, is joining forces with the Nasdaq-listed Qell Acquisition Corp.

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

Today's deal net contains news from PGDx, Notch Therapeutics, Quell Therapeutics, SpyBiotech, Vision Medicals, Future Meat Technologies, BusUp and Advanced Chemotherapy Technologies.