Industrial

SoftBank’s Vision Fund returned to back the e-commerce business in a $1bn round. Our data suggest upward pressure on valuations in this space as well.

JD Health has backed a $93m series D round for Rimag, while a couple of India-based startups delivered exits.

John Deere is paying $250m to buy the AgFunder-backed self-driving tractor system developer.

The engineering technology provider’s newly formed Trimble Ventures unit will target startups and scale-ups working on technologies strategic to its existing industrial businesses.

Pulse Medical and BioMap are among the companies that raised nine-figure rounds, while Amwell bought two corporate-backed companies at once.

China Life Private Equity Investment was among the investors in the Beijing Eswin subsidiary’s series B round, seven months after its reported series A.

A range of strategic investors have backed a series A5 round for the clean nuclear energy technology developer that leverages OSU research.

Israel-based specialty minerals and chemicals group has launched its programme to support businesses in the food tech and agtech space.

Tiger Global has led another round for Infra.Market, having done the same six months ago when Sistema Asia Fund also invested.

The industrial sensor manufacturer spun out of Michigan and Virginia has increased its latest round to $51m in a tranche backed by 3M, Ericsson and Armstrong International.

Corporate-backed teleconferencing system provider Baijiayun raised cash at a $465m valuation while financial software provider Prime Trust closed a $64m round featuring Nationwide and Samsung Next.