Industrial

E-commerce fulfilment technology provider Fabric closed a series C round, backed by Koch Industries and Harel Insurance and Finance. This is one of the latest sizeable rounds in the still booming e-commerce space.

Wells Fargo Strategic Capital took part in a $52.5m round for digital mortgage platform developer Maxwell while corporate-backed music distributor UnitedMasters closed a $50m series C.

SoftBank’s SBCVC unit re-upped its commitment to the SSB developer, after fellow corporate FAW Group participated in a $100m series D round 18 months ago.

Atco, Bernick’s and Toyota Ventures were among the LPs in the venture firm’s Fund III, which will concentrate on enterprise software, food and health technology developers.

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

Taikang Life Insurance, GLP and Xiamen C&D were among the investors in a series D round for the industrial supplies marketplace.

Baker Hughes, Qualcomm, Schneider Electric and Munich Re helped push the machine monitoring technology provider's valuation past $1bn.

Econos was among the LPs that have committed to the green search engine provider’s venture capital vehicle, which is set to reach a first close early next year.

HSBC Asset Management helped expand sustainability software producer MioTech's series B-plus round while quantum cybersecurity software developer QuintessenceLabs raised $18.8m in a round co-led by Telus.

Lockheed Martin-backed satellite launch vehicle developer ABL Space Systems boosted its total funding to $420m with a $200m extension to its latest round.

N26, which counts corporates among its previous backers, raised a sizeable round at a $9bn valuation. This round comes to underscore the growth in valuations we have been seeing in the fintech space.