UPS is buying delivery service Roadie having helped it raise $62m while heart disease treatment developer Nectero Medical secured $19.5m in a Boston Scientific-led round.

PayPal is to purchase its portfolio company Paidy, a consumer finance service provider. Paidy is part of the wider payment tech space, which has seen an increasing number of exits since last year.

Myeg returned for augmented reality technology developer HiScene's $41.6m series C-plus round while celiac disease drug developer Calypso Biotech hiked a corporate-backed round to over $33m.

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

The Progressive-backed neobank has secured the fresh funding at a reported $2.5bn valuation, seven months after it closed a $63m round.

Allianz has recommitted to the venture capital firm having funded its $170m debut vehicle two years ago.

First Data will exit MineralTree after Global Payments agreed to purchase the payment automation technology producer.

Stratasys spinoff Evolve Additive Solutions secured $30m from 3D Ventures while CollegeDekho - spun off by GirnarSoft - raised $26.5m.

The online lender, which is backed by Telefónica’s Wayra unit, has completed a $75m close, tripling its valuation to the nine-digit dollar range.

The Autodesk-backed cost management platform developer increased its valuation to $280m in its most recent round.