Financial

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.

SoftBank contributed to a $65m round for fresh produce marketplace Frubana while KDDI invested in food ordering service Menu at a $228m valuation.

Munich Re Ventures returned for a round valuing the digital pet insurer at $2bn pre-money, pushing its overall funding past the $480m mark.

Sompo Holdings, Dai-ichi Life and Sumitomo Mitsui Trust Holdings have all backed MPower Partners' inaugural vehicle, which has a $150m target.

Oriola sold part of its stake in telehealth platform developer Doktor.se through a $61.1m round while bicycle marketplace The Pro’s Closet bagged $40m.

Existing backers Creditease and Salesforce Ventures contributed to a round led by Target Global that valued the online insurance provider at $3bn.

FTX was among the backers in the Baidu, Bitmain, CreditEase and Wanxiang-backed virtual currency platform’s latest round as it reportedly prepares for a reverse merger.