The urban airborne vehicle spinout of TU Munich closed more than $240m in funding, in a Tencent-led round reportedly valuing it at up to $1bn.

Congruent Ventures is raising a second fund two years after a first $92m vehicle closed with an anchor investment from University of California.

Cash Capital portfolio company VIPioneers has closed on series A2 funding in the run-up to mass-production of its autonomous coalmine transport system.

Electric skateboard producer Boosted, backed by Stanford-StartX Fund, has laid off employees after its business model succumbed amid the US-China tariff war.

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

Today’s deal net captures the smaller investments from across the university innovation ecosystem over the past two weeks.

Already backed by Stanford University, autonomous helicopter technology business Skyryse has now obtained $38m altogether.

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

Alphabet’s Waymo has bought Latent Logic, which has developed imitation learning-powered simulators to train autonomous vehicles.

University of Tokyo Edge Capital has led a series A round set to support on-demand bus transport company Swat's push into additional Asian markets.