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Series E And Later

Scalable Capital secures $183m
Tencent has led a series E round that reportedly tripled LMU Munich-linked Scalable Capital's valuation to $1.4bn.
FlixMobility picks up $650m
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.
Formlabs fashions $150m series E
SoftBank has led the series E round, doubling MIT Media Labs spinout Formlabs’ valuation to $2bn in the process.
Moglix hauls in Harvard for $120m series E
The industrial supplies provider has secured $220m overall after a series E round backed by Harvard Management Company.
Daily deal net: April 30, 2021
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Evidation Health leverages corporates to raise $153m
Evidation, co-founded by Stanford University and GE Ventures, has picked up series E funding at a $1bn valuation.
Enevate recharges with $81m
The vehicle charging technology developer, spun out of UC Irvine, has now raised $191m in total.
Databricks constructs $1bn series G
Advancing technology originating at UC Berkeley, Databricks has increased its valuation more than fourfold to $28bn and will use the funding to further scale its business.

Other News

Sila Nano slides in $590m
Georgia Tech-linked battery technology producer Sila Nanotechnologies has more than tripled its valuation to $3.3bn in the series F round.
Graphcore grafts on $222m
The intelligent chipmaker, which traces its roots back to University of Bristol, has secured series E funding at a $2.77bn valuation.
Monzo magnifies series G to $167m
The challenger bank’s Vanderbilt University-backed series G has been boosted by new funding at the same $1.57bn valuation.
Duolingo rings up $35m
CMU-founded language learning platform developer Duolingo has now raised $183m altogether and has increased its valuation 60% to $2.4bn.
Menlo Security locks down $100m
The anti-malware software provider's series E round has valued the UC Berkeley spinout at $800m.
AISpeech assembles pre-IPO funding
Midea participated in a round for the speech processing technology provider, whose backers also include Tsinghua University's TusPark Ventures.

Editor's Picks

Stanford revs up SmartDrive
Stanford University is joined by Oak Investment Partners and New Enterprise Associates backing the driving intelligence company.
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