Insight Partners agreed to acquire IoT security software provider Armis in a rollover transaction that featured a $100m commitment from Alphabet. The deal forms part of the IoT space to which corporates have not been indifferent over the past decade.

The funding will make up part of a round expected to close at $500m in the next two months and valued the food listings and ordering platform at $3bn.

Access Industries invested in the data simplification software producer as part of a round that lifted its overall funding to $300m and its valuation above $1bn.

Lilly Asia Ventures took part in a series B-plus round that marks the first for biopharmaceutical company Transcenta Holding, formed through the merger of two of the corporate's portfolio companies.

The bite-sized video streaming platform, which counts a host of corporates among its investors, has revealed $400m in funding along with its launch date.

The GV-backed fitness and wellness subscription service secured a unicorn valuation in a round that lifted its overall funding to $540m.

The educational app developer, which counts Tencent, Naspers and BCC among its investors, raised the money at a valuation of about $8bn.

Hesai has raised what it claims to be the largest ever funding round for a lidar technology producer, with Robert Bosch a key investor.

Samsung, SIG and OP Financial contributed to $144m in funding, raised across two rounds, for digital health technology producer Zhiyun Health.

Citi Ventures and Susquehanna Growth Equity both returned for the business accounting software provider’s series B round, which enabled it to achieve a unicorn valuation.