School transportation service Zūm has increased its overall to $67m following a BMW-led round, which included participation from Volvo.

Delivery Hero is leading a $62.2m investment in Zomato, an online food listings and ordering platform already backed by Ant Financial.

Ola Electric Mobility has spun out of Ola with $56m in funding to focus on the electric vehicle ecosystem.

M12 and Axa Venture Partners have put their weight behind Contrast Security’s series D, which brought the cybersecurity company’s total funding to $122m.

Intel Capital-backed online pharmacy 1mg is in the process of raising $70m in funding, with International Finance Corporation expected to contribute.

GV and Alexandria Venture Investments have taken part in a $191m funding round to launch Maze Therapeutics with scientific co-founders from multiple universities such as Harvard and Stanford.

Ant Financial has co-led a $500m series C round for Danke Apartment, which previously collected funding from investors including Bertelsmann and Ucommune.

University of Virginia spectroscopy spinout BrightSpec has added series B capital from investors including the university's seed fund to an earlier $1.5m sum raised in 2015.

Fintech developer Nivaura has closed its seed round at $20m after closing a third tranche, with the capital coming from investors including London Stock Exchange, Transamerica, Santander, Linklaters and Orrick.

Alphabet's venturing unit has led a $22m series A extension for MIT spinout Lightmatter, which increased the round's total to $33m.