An undisclosed investor provided the funding at a $4.3bn valuation, Marqeta having previously raised nearly $370m from backers including Commerzbank, Visa and CreditEase.

Cisco intends to purchase the network analytics software producer, which had raised more than $110m from investors including GV and Salesforce Ventures, for a reported $1bn.

Existing investor Sirius was among the investors as the worker's compensation provider received a total of $127m, with $100m allocated to the launch of an affiliate called Pie Carrier.

Vision Fund is reportedly set to reduce the size of a 500-strong team by about 10% in the wake of some $18bn in losses over the past year.

The call management platform developer has completed a series C round led by DTCP that also featured Swisscom Ventures.

EDP Ventures and Semapa Next took part in a $50.5m series B round for the AI verification data provider, which counts Amazon, Sony and Mastercard as earlier investors.

Cavallo Ventures contributed to a series B round for the microbial animal feed producer that will fund product development and recruitment.

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

University of Minnesota has invested in UBC spinout AbCellera's series B round that also included Eli Lilly.

Existing investor Novartis has committed to a $10m private placement alongside the IPO, in which the fibrosis therapy developer, based on UCSF research, is set to raise up to $96m.