University of Minnesota spinout Niron Magnetics has collected $21.3m in funding to build a pilot production facility for its rare earth-free magnets.

The Beenos, Toyota Tsusho and Digital Garage-backed second-hand car marketplace has secured the first portion of a $200m round at a reported $1.2bn valuation.

Audax Private Equity has become the Bloomberg and Cisco-backed threat intelligence software provider’s majority shareholder.

NC State spinout Phononic has added $50m to its coffers thanks to a consortium led by Goldman Sachs.

SAP.io took part in email software provider Sedna's $34m series B round while Byju's picked up BCC-backed learning app developer Toppr in a deal reportedly sized at about $150m.

SoftBank’s Opportunity Fund took part in blockchain payment network Paystand's $50m series C round while Flipkart co-led consumer brand builder G.O.A.T Brand Labs' $36m series A.

Goldman Sachs' digital wealth management spinoff has six other banks as backers and has reached a WestCap-led first close of its series B round.

Branding services provider Tailor Brands raised $50m in a GoDaddy-led series C round while Orix is set to exit hiring software developer PandoLogic in a $150m acquisition.

Several corporates backed a $68m series D round for microbiome drug developer Vedanta Biosciences while grooming brand owner Pangaea raised the same amount from investors including Unilever.

Bertelsmann Asia Investments has reinvested in the cloud database software provider just eight months after its $270m series D round.