Financial

US-based autonomous driving technology Waymo, a spinoff from internet conglomerate Alphabet, received $750m in extension equity financing, taking its round to $3bn.

Citi, HSBC and Goldman Sach contributed to a $10.5m round for the forex trading platform developer in a round set to fund training and product development.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Coinbase Ventures joined Fenbushi Capital in the inaugural funding round for crypto exchange FalconX, which claimed to have processed $7bn of assets in 10 months.

Featurespace, a Cambridge spinout, has boosted its funding total to $108m though Worldpay did not return for the latest round.

Jane Street Capital, Goldman Sachs, JP Morgan, Wells Fargo, Flow Traders and Williams Trading were all among the investors in a $65m round for Members Exchange.

Cambridge's Featurespace boosted its funding total to $108m having assembled a consortium including existing investor IP Group for its latest round.

The peer-to-peer lending platform secured the backing of Kuok Group and existing investor Siam Cement Group to bring its lifetime funding to $40m.

WeFit and Leflair are among the corporate-backed companies that have shut down amid Covid-19 closures.

CommerzVentures and Munich Re Ventures both returned for a $97.4m funding round that brought the pet insurance provider’s total funding to more than $132m.

Sunshine Insurance has led a $60m series C-plus round for the bookkeeping software developer that also attracted existing shareholder Xiaomi.