Returning investors Sequoia India and Tiger Global Management co-led a $35m round that valued Recruit-backed marketing software provider CleverTap at $385m.

Jackson Laboratory cancer drug spinout Cyteir Therapeutics extended its series B round thanks to investors including Osage University Partners and Novo Holdings.

BASF Venture Capital formed part of a consortium co-led by Pontifax Agtech and Temasek that supplied $85m in funding for pesticide developer Provivi.

Lilly Asia Ventures returned for the respiratory disease drug developer's series B round, having co-led its $85m series A last year.

University of Michigan has generated 86 spinouts over the past five years after setting a new record of 22 during its most recent financial year.

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

Rakuten Ventures and Simon Property both invested in a $12.5m pre-series B round that valued the premium e-commerce startup at roughly $100m.

SoftBank could reportedly acquire a controlling stake that would value the troubled workspace provider below $10bn, less than a year after it raised money at a $47bn valuation.

The deal involved the valuation of Vice Media, whose investors include Walt Disney, WPP and A&E Networks, falling from $5.7bn to $4bn.

The Chernin Group-backed personalised care provider plans to use the series B funding to expand into new cities and take its telemedicine offering nationwide.