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.

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.

Q&A with Steve Deutsch, investment principal, Motorola Solutions Venture Capital

The Gruner + Jahr and Susquehanna International Group-backed content recommendation engine developer floated below its range but is slightly up from its IPO price.

Manulife, Nationwide, Allianz and Northwestern Mutual all took part in the enterprise savings software provider's latest round, which was co-led by Wells Fargo Strategic Capital.

Dog DNA test developer Embark Veterinary raised the capital in a round led by SoftBank Vision Fund 2 at a $700m post-money valuation.