Financial

Healthcare planning software developer Hospital IQ secured $25m in a Baxter-led round while augmented reality platform developer Ubiquity6 and infant product retailer Mumzworld have been acquired.

The Legal & General and Link Group-backed pension platform operator secured the primary funding along with a $76m secondary investment.

Juniper Networks, Wargaming and CME Group have exited secure communications app developer Wickr in an acquisition by AWS while Country Garden reinvested in tea producer Chali.

PLDT and Tencent have reinvested in the financial technology app developer, which plans to shortly launch its own digital bank.

Mastercard and Ally Ventures co-led a round which will support the credit card services provider's expansion, boosting its total funding to over $140m.

A number of corporate backers scored an exit from trucking services marketplace Full Truck Alliance (Manbang Group), as the latter went public in the US. This transaction exemplifies an upward trend in exits for corporate-backed businesses from the transport and mobility space.

Waste management software provider Recycle Track Systems bagged $35m in a Citi-led series C round while muscular dystrophy drug developer Vita Therapeutics completed a $32m series A.

Citi, Cuna Mutual Group and New York Life have contributed to a series D round for the financial advice provider at a valuation topping $1bn.

BeiGene helped mRNA therapeutics developer Strand Therapeutics raise $52m while the Afterpay-backed AP Ventures led logistics provider Sendle's $35m series C round.

Poste Italiane, SEB, PayPal, ABN Amro, BNP Paribas, Nordnet and Nordea are set to exit the open banking platform developer in a $2.1bn purchase by Visa.

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