Financial

Sector focus: Services

This is our data snapshot based on last month’s investment activity. The charts and tables have been generated by our data platform GCV Analytics.

American Express and Goldman Sachs are among the investors in Better Mortgage’s series C round, which has been increased to $75m after a $5m extension supplied by Citigroup.

Palo Alto Networks agreed to buy cybersecurity orchestration platform Demisto for a mixture of cash and stock, highlighting the potential of the vibrant cybersecurity space

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

Fast food retailer Ajisen Ramen reinvested in the smart point-of-sale device provider in a $20m series B-plus round led by Hezhi Investment.

Schibsted has increased its stake in Bynk to 32% in a $54.4m round that included LMK Industri, and which valued the Swedish mobile lender at about $215m.

Allianz has boosted the capital reserves of digital investment unit Allianz X, whose portfolio includes unicorns G-Jek and N26, to more than $1.1bn.

Listings Ledger has spun out from the university to commercialise a real-time valuation ticker for privately-owned companies.

The CommerzVentures and Intesa Sanpaolo-backed business lending platform secured the series D funding together with some $169m in debt financing.

Commerzbank's corporate venturing unit has returned for a $33.8m round that was led by Bessemer Venture Partners and backed by several existing investors.