Canadian Gas Association's NGIF Cleantech Ventures has secured almost $40m for the second close of a fund backed by several corporates.

Jeff Herbst has departed from his role heading Nvidia GPU Ventures to join Samsung Ventures alumnus Jay Eum at the recently formed GFT Ventures.

AgFunder was anong the investors that helped the plant-derived cheese product developer formerly known as Alpine Roads take its total funding past $100m.

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

The newly formed RxCapital has made its first investment, in metabolic and cardiovascular disease drug developer Rivus Pharmaceuticals' $35m series A round.

Craig Cimini will be the remaining managing director at health insurer Cigna's corporate venture capital subsidiary.

Tracker Capital Management has led a $42m series C round for Accion Systems, acquiring a majority stake in the MIT-linked company in the process.

University of Notre Dame has contributed to an $11.9m series B round for Notre Dame spinout Lucata.

SoftBank’s Vision Fund 2 has invested at a $2.7bn valuation, taking the Stanford-backed life insurance platform developer’s overall funding to over $400m.

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