Series E And Later

Midea participated in a round for the speech processing technology provider, whose backers also include Tsinghua University's TusPark Ventures.

Bill Gates has returned to lead an $85m round for satellite internet provider Kymeta, which has now raised more than $280m since it was set up to advance Duke University research.

The plant-based food producer boosted its valuation to $4bn and has now raised $1.5bn since being founded by Stanford faculty in 2011.

UC Berkeley’s SiFive has raised $61m in series E funding from a consortium featuring OUP, SK Hynix, Western Digital, Qualcomm and Intel.

Seek Group returned for a series F round that boosted the Stanford faculty-founded adult education provider's valuation to $2.5bn.

Existing backer GV returned to take part in a $100m round for the Stanford spinout that also attracted new investor Regeneron Pharmaceuticals.

Illumina, General Atlantic and Viking Global have supplied $70m for Ginkgo Bioworks, an MIT spinout that has now raised more than $789m altogether.

Uber has led a $170m investment in StanfordStartX Fund-backed Lime that closed alongside Lime’s acquisition of Uber’s micromobility subsidiary Jump.