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.

Innovative region: Germany

Asahi Kasei Ventures took part in a $70m round for food waste technology provider Hazel Technologies while Zoll Medical Corporation bought portfolio company Respicardia.

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

ECBF has supplied an extension to Aphea.Bio’s series B round, which already included Gemma Frisius Fund, Qbic, Vives and V-Bio Ventures.

The insurer has made an initial $137m commitment to its newly formed Phoenix Venture Capital Partners unit, which will back ESG-minded entrepreneurs in the UK.

ECBF has provided an extension for the pesticide and crop stimulant provider's Group De Ceuster-bacekd series B round, which now stands at $21.8m.