End-to-end automotive e-commerce marketplace Fair is set to be acquired by peer Shift in a deal part financed by SoftBank, an investor in both companies.

SoftBank Vision Fund 2 led the e-commerce automation software developer’s latest round, helping it reach unicorn status and lift its total funding to almost $200m.

RingCentral Ventures participated in the retail customer experience platform’s latest round at a unicorn valuation, bringing its total funding to $152m.

Multiple corporates helped call centre software producer Cresta raise $80m at a $1.6bn valuation while agricultural intelligence provider Apollo secured $40m in a round led by Softbank Vision Fund 2.

General Motors agreed to buy out SoftBank and invest a further $1.35bn in the autonomous vehicle developer, which it spun off four years ago.

Slack's corporate venturing subsidiary, now under the Salesforce Ventures umbrella, is looking to lead more rounds after launching Fund III, which is twice the size of its predecessor.

Managing director Dede Goldschmidt spelled out the unit's investment strategy along with its place in Samsung's corporate VC activities and the state of the post-pandemic market.

Axa Venture Partners and MassMutual Ventures returned for the insurance comparison marketplace’s latest round, which included Brighthouse Financial, Global Atlantic Financial, IA Financial, Lincoln Financial and Pacific Life.

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

Triumvera, co-founded by McMaster's professor Jonathan Bramson, looks to progress its solid tumour therapeutic candidate.