Sectors

Qutoutiao’s literature platform subsidiary is raising series C financing and will use the cash to ramp up its content.

The workforce management software developer has been valued at more than $1bn in a $100m series C round backed by Workday.

Nationwide Insurance has backed a series E round for Beam that increased the dental insurer’s total funding to $160m.

Amazon Climate Pledge Fund has helped the electric motor producer increase its total funding to $180m.

Honeywell Ventures has hired Giancarlo Savini to identify cleantech deals and help its parent firm strike up commercial agreements with the portfolio companies, similar to his previous job at Shell Ventures.

Seek has returned to lead the human resources management software provider’s $34.8m round, which featured Salesforce Ventures and returning investors.

Ping An and Alphabet-backed health insurer Oscar priced an upsized offering above its range to raise $1.44bn. The offering is part of the broader health space, which has seen many exits in the past years.

AM Ventures has added KGAL and its management team as shareholders as it seeks to double the $59.5m it has raised for its latest fund.

ByteDance has been revealed to be an investor in the Lenovo-backed autonomous driving technology developer.

Marshall Group has exited the provider of anti-money laundering and identity verification software provider in a purchase by AML RightSource.

Payfazz has supplied a capital injection for the online payment services provider as the companies look to restructure themselves under a new umbrella.