The Comcast, American Express and Amazon-backed grocery delivery service increased its valuation to $17.7bn in a round co-led by Valiant Peregrine Fund and D1 Capital Partners.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The series D round included Digital Garage and reportedly valued the food distribution platform between $400m and $500m.

University endowments have backed a dollar-denominated venture capital fund from M31 Capital, whose earlier investments include Grail.

The food delivery service reportedly expects to achieve a valuation of more than $2.6bn when it floats, having secured permission for Amazon to invest earlier this year.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The Sistema-backed e-commerce marketplace has confidentially filed for an initial public offering in the US that would value it at $3bn to $5bn.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Ayala has anchored the fund, while Globe Telecom also invested and helped push the fund past its original $150m target to make it the Philippines’ largest vehicle to date.

DMG Ventures has contributed to a $308m funding round that increased Cazoo’s overall funding to some $558m and its valuation to more than $2.5bn.