Financial

DMG Ventures contributed to a $50m round for online stationery brand Papier while Hannover Digital Investments helped cross-border payment service Vitesse secure $26m.

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

The NEC-backed quantum computing system developer will list on the New York Stock Exchange. The company is part of the budding quantum computing tech space in which corporates are taking increasing interest.

Departure of venture unit head, Kevin LaForce, leaves 32 Equity in apparent limbo.

Cybersecurity technology producer Salt Security nabbed $140m in a CapitalG-led round while healthcare unicorn Thirty Madison merged with Comcast-backed Nurx.

Tencent reinvested in the buy now, pay later sector, backing Alma in a round consisting of $131m in equity and $108m in debt financing.

Data analytics platform developer Starburst raised $250m in a Salesforce-backed round valuing it above $3.3bn while SoftBank co-led a $140m round for small molecule drug developer Ventus.

Prosus Ventures co-led a round for the online share trading service, one of a wave of startups bringing investment tools to emerging markets.

The blockchain scaling technology developer’s token sale attracted SoftBank, Animoca Brands, Alameda Research, Bitfinex, Voodoo, Scopely, Unacademy and Celsius.

Digital bank operator Tonik Financial raised $131m in a Mizuho Bank-led round while e-commerce software provider Shopware secured $100m from PayPal and Carlyle.

Venture firm Infinity Ventures Crypto recruited Animoca Brands and Circle on its way to closing the oversubscribed fund.