UPMC's ID Connect has absorbed Merck & Co's Ilúm Health Solutions to boost its client base and services offering.

Ride hailing service Ola has pulled in $26.7m for its financial services offshoot from Falcon Edge, Matrix Partners and Apoletto Managers at a $250m valuation.

The visual privacy technology developer received $13.5m from investors including Axa Venture Partners, Omron Ventures and Hyundai.

Statkraft Ventures contributed to a round for the 3D geospatial analysis platform developer that was led by BrightCap Ventures.

CMFG Ventures and Northwestern Mutual Future Ventures co-led a $12.3m round having previously invested in the student loan refinancer a year ago.

Mitsubishi UFJ Financial Group helped the supply chain finance provider increase a round already featuring several corporates to almost $200m.

Huaxi Group vehicle V-Capital contributed to an eight-figure round for SF Express-backed logistics robot technology developer Galaxis Technology.

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

Smart sensor developer BYD Semiconductor has spun off from its parent company, electric vehicle producer BYD, with $265m secured at a valuation topping $1.3bn.

Babylon Health led a series B round for the healthcare measurement kiosk provider that also featured Rush University Medical Center for Health.