Financial

The payment automation software producer received another $128m for a Mastercard-backed round that lifted its overall funding past $1.1bn.

SoftBank, Bank Mandiri and the corporate-backed EV Growth have exited digital payment technology provider Moka, which had raised $28m.

Wujiang Hotels, Baicheng and Meili Jinrong are among the first wave of China-based companies to close due to Covid-19 restrictions.

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

CNP Assurances-backed digital health insurer Alan has picked up $54.4m in a Temasek-led round to bring its total funding to more than $141m.

Several corporate investors backed the latest $250 round raised by data management platform developer Cohesity at a valuation of $2.5bn. The deal is part of the dynamic broader space of big data technologies which have captivated the attention of corporates over the past decade.

Undisclosed backers have supplied series C funding for the SoftBank and Line-backed business finance provider, which has now raised more than $72m in total.

Returning investors Seven Bank and SBI Group contributed to a $21.6m first close of the microfinance provider’s series D round.

Amazon returned with three other existing investors to bring consumer and enterprise financing provider Capital Float's total funding to $125m.

The investment bank's diversity-focused accelerator has adopted a digital format with participants from across the financial, healthcare, industrial and services sectors.

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