The educational app developer, which counts Tencent, Naspers and BCC among its investors, raised the money at a valuation of about $8bn.

FedEx has contributed to a $175m convertible equity round for agricultural technology and services provider Indigo secured alongside $25m in debt financing.

Henry Crown and Company’s investment affiliate CVF returned once again to back an $85m round for root canal treatment developer Sonendo.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The eyewear retailer raised the series G funding from SoftBank Vision Fund at a $1.5bn valuation following several secondary deals in the past three years.

On-demand logistics service Glovo's valuation has topped $1bn in a series E round that included Drake Enterprises, while Mubadala led the deal.

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

The Hanwha and Wacker Chemie-backed solar wafer developer raised $18m as it seeks further cost reductions for its manufacturing process.

Bertelsmann India Investments and Sistema Asia Fund returned to invest in a round that reportedly valued the online food retailer at up to $300m.

The Cenovus Energy-backed clean fusion technology developer has picked up funding that will support construction of a pilot facility.