Mount Sinai Health System spinoff Sema4 has achieved a valuation of more than $1bn following a $121m series C round that featured all existing external shareholders.

Line’s on-demand delivery service has attracted $110m from BRV Capital as it merged with restaurant listings website Wongnai Media.

Heal has entered into a strategic partnership with Humana that includes a $100m investment from the corporate and will support an expansion into additional US cities.

PayU returned to lead an $85m funding round for Remitly as demand for its cross-border money transfer service continues to grow amid the pandemic.

Nan Fung Life Sciences formed part of a consortium of new and existing backers that injected $71m into hearing aid manufacturer Eargo.

Sanquan Food-backed convenience store operator Guoquan Shihui has raised $60m in series C funding to bring its total capital to more than $123m.

Lincoln Property Company has contributed to a $51m series C round for Density, which has created technology to anonymously count the number of people in a space.

AI-powered online education platform Toppr will look to scale its offering following a $46m series D round, though Brand Capital did not return for the latest capital injection.

Osaka University Venture Capital was among the investors in a series D round for Kyorin University-founded cancer treatment developer J-Pharma.

Funding for HUJ spinouts remained stable during the first six months of 2020 as the Israeli VC sector showed signs of resilience amid Covid-19.