The Telstra-backed provider of commercial insurance and broker software has reached $162m of total funding through its latest round.

Tencent and Taikang Insurance Group co-led the asset data software producer's latest round with Citic Private Equity Funds Management.

Lilly Asia Ventures took part in a $78m round for oncology therapy developer BH Med while gifting platform developer Snappy completed a $70m Hearst-backed series C.

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

The Comcast, PayPal and Rakuten-backed micro-investing service is merging with Nasdaq-listed Pioneer Merger Corp at a $2.2bn post-transaction valuation.

A total of 11 early-stage venture capital funds run by members of the black and Latinx community have secured part of $50m of commitments from PayPal.

The payment software provide's shared popped on their first day after an IPO that followed two Goldman Sachs-backed funding rounds.

AMTD Group is looking to spin off its digital financial services arm, which counts Maoyan Entertainment as an investor, through an initial public offering in the United States.

Affirm spinoff Resolve raised $60m from investors including its parent company, while sales and marketing software provider Qualified secured $51m in a Salesforce-backed round.

PreSeed Ventures-backed Pento has secured $15.6m in a series A round led by General Catalyst, bringing its total financing to $19.1m.