Olo,a PayPal-backed developer of a restaurant order management software, will float today in an offering priced well above its range.

Ben Davey has departed from corporate venturing activities at Barclays for an executive position at a special purpose acquisition company.

Tencent co-led a $92.5m round for the corporate expense management tool provider, investing alongside new and returning backers including Eight Roads Ventures.

Google subsidiary Gradient Ventures returned for a $14m second tranche of the round, having led the August 2020 first close.

GV and Salesforce Ventures joined existing investor Citi in a $45m round for the financial application development platform.

The insurance comparison platform developer has added Jungle Ventures funding to cash from investors including American Family and MassMutual.

The digital payment software producer more than doubled its valuation in a round that included new corporate investors Axa and Allianz X.

Fidelity could secure an exit from the digital banking platform developer, which filed for an initial public offering last week.

The Future Value Fund I will invest in pre-seed companies, including spinouts from Rev1's long-time partner Ohio State University.

Markel Corporation, CSAA and Holmes Murphy all took part in a round that will fund hiring, geographic growth and product development for the cyber insurance provider.