UChicago has returned for a $35m series B round for Kin Insurance, co-founded by an alumnus of the university’s Booth School of Business.

The plant-based food producer boosted its valuation to $4bn and has now raised a total of $1.5bn from investors including GV.

CSAA subsidiary Avanta Ventures returned for a round that will help the home insurance provider expand across the United States.

The healthcare automation software developer has now raised $70m altogether, with Optum Ventures leading its latest round.

Leaps by Bayer and Temasek have partnered to form a seed development startup that is focusing on the vertical farming market.

Optum Ventures and Echo Health Ventures helped the healthcare chatbot provider take its overall funding to more than $41m.

Munich Re Ventures co-led the first round to be disclosed by the fleet insurance provider, with Qualcomm Ventures also participating.

Salesforce Ventures has participated in a series D round for Gong that increased the customer service software provider's valuation to $2.2bn.

University of Utah's biotech incubator has admitted its first three residents taking aim at cancer, liver fibrosis and eosinophil-related diseases.

MassMutual, Axa, Wanxiang, Principal Life, Aflac, Wells Fargo and Transamerica are all set to exit the insurance automation platform developer.