The expense management platform developer more than doubled its valuation to $8.1bn in a Stripe-backed round consisting of $200m in equity funding and $550m in debt financing.

The Tencent, Naspers and BCC-backed online education services provider was valued at $22bn in its latest round as it prepares its initial public offering.

SoftBank Vision Fund 1 and Shopify both invested in the shipping management service's first round in three years, more than doubling its valuation to $8bn.

Cruise is set to receive the balance of the $2.25bn pledged by SoftBank Vision Fund in 2018 after commercially launching its autonomous taxi service in San Francisco.

CapitalG was among the investors in the digital asset transfer service’s latest round, which boosted its overall funding to $1bn and valued it at $8bn.

Prosus Ventures and Smile Group were among the investors in the online food delivery service’s latest round, closed at a $10.7bn valuation.

Jiangsu Yuyue Medical Equipment & Supply and Sunny Optical Technology Group have postponed their investments in Ant Group’s consumer finance unit after state-sponsored Cinda was required to halt its participation.

Business-focused neobank Qonto raised $552m from investors including Tencent at a $552m valuation while SK provided $350m for Center for CDMO Breakthrough Medicines.

Manulife and Shell helped the solar power provider raise the cash as Exelon-backed residential solar energy supplier PosiGen secured $100m, showing continuing interest in the solar power space.

Harel contributed to drug discovery technology developer Eikon Therapeutics' $518m series B round while a host of corporates are set to exit data management software provider Trifacta in a $400m acquisition.