Financial

McCain helped meatless nugget producer Simulate secure a $250m valuation while retail technology developer Grabango raised $39m from investors including Unilever and Honeywell.

The Chernin Group, Capital One and Kraft Group-backed banking app developer will get a New York Stock Exchange listing through the deal.

SoftBank is set to exit smart scheduling software developer X.ai as its Vision Fund 2 invests in artificial intelligence technology unicorn AInnovation.

Sage, Shopify and Bank of Montreal have backed a round that pushed the bookkeeping services provider's total funding past $100m.

Coupa has unveiled an investment vehicle dedicated to the business spending management sector and disclosed its first two investments.

Nina Gerson, Jamie Rosen and Jeremy Zhu have all stepped up after conducting a number of deals on behalf of Alphabet's growth equity subsidiary.

Citi has now invested in Greenwood, MoCaFi, Moving Analytics, OhmConnect and Sweeten through its $200m Impact Fund.

Etsy is acquiring the Gen Z-focused social commerce platform Depop, giving an exit to Lumar. The transaction and its large size may be indicative of a potential momentum for exits from emerging enterprises in this space.

Airbus-backed space mapping software provider LeoLabs closed a $65m round while Qualcomm took part in supply chain technology developer Locus's series C funding.

SoftBank Latin America Fund helped the payment processing technology provider achieve a $600m valuation in its latest funding round.

Stanford has contributed to a $26m series A for Jeeves, which was announced concurrently with a $5m seed round and $100m in debt financing.