University of Sheffield spinout Rinri Therapeutics has collected $13.9m from investors including Boehringer Ingelheim Venture Fund and UCB Ventures.

EV Growth-backed online education platform developer Ruangguru pulled in $55m while ProSieben and Rocket Internet helped open banking platform developer Tink take its total funding to $344m.

Mercuria has invested in rare metal provider TechMet, which has now secured $170m in total and which is already planning to raise a further $250m.

Alchemab Therapeutics has raised $80m to advance research originating at University of Oxford, Johns Hopkins University and Mount Sinai Hospital.

E-commerce platform developer Olist added $23m to a SoftBank-backed round now topping $80m, while Waters Corporation-backed TetraScience closed its series B at $80m.

SK Group was among the participants in a round representing the first external funding for Volvo Cars' electric vehicle spinoff.

General Motors-backed Keyfactor has agreed to join forces with PrimeKey with $125m in funding to create a comprehensive machine identity management platform.

Ocado will provide $13.8m in a series B extension that follows a $47m close in January.

Prosus took part in a $63m round for logistics service provider Shipper while V1 Group-backed animation platform developer Laihua raised over $25m.

Credit Suisse Entrepreneur Capital co-led the insulin injection device developer’s latest round, participating alongside investors including Tandem Diabetes Care and Ypsomed.