Telefónica participated in a $136m round for Raylo while Novartis helped Alto Neuroscience hike its series B to $60m.

M&A FleetCor Technologies, a provider of ommercial fleet payment tools, acquired portfolio company Mina, the UK-based operator of an electric vehicle charging service, for an undisclosed sum. It invested in a 2021 round reportedly valuing Mina at $8.3m, before adding an undisclosed amount 10 months later. Molecular diagnostics technology developer Sherlock Biosciences paid an undisclosed…

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