Softbank Vision Fund 2 co-led academic support software producer Paper's $270m series D round and a $144m round for online lender Funding Societies.
Funding
Canada-based academic support software provider Paper completed a $270m series D round consisting of both primary and secondary funding yesterday, with telecoms and internet group Softbank’s Vision Fund 2 co-leading it with venture capital firm Sapphire. They were joined by Salesforce Ventures, a subsidiary of enterprise software producer Salesforce, as well as IVP, Framework Venture Partners, Bullpen Capital, Reach Capital, BDC Capital and Red House Education.
US-headquartered military energy system provider Epirus secured $200m yesterday in a series C round featuring military vehicle manufacturer General Dynamics Land Systems at a $1.35bn valuation. Funds and associates advised by T Rowe Price led the round, which included 8VC, Bedrock, Broom Ventures, Epiq Capital Group, Gaingels, I Squared Capital, Moore Strategic Ventures, Parkwood, Piedmont Capital Investments, Red Cell Partners and StepStone Group.
Telecoms and internet group SoftBank took part in a $170m series B round for US-based e-commerce package delivery service Veho…
