IT

Koch Disruptive Technologies led a series D round valuing the industrial cybersecurity software producer at $1.7bn, investing alongside several other corporate backers.

MassMutual Ventures and Siemens subsidiary Siemens Financial Services are set to exit the data protection software developer in the deal.

Cybersecurity software developer Sonrai Security, small business insurance provider Coterie and fashion brand Love, Bonito each raised $50m in corporate-backed rounds.

SoftBank Latin American Fund was the largest investor in a round bringing the workflow software provider’s funding to approximately $139m to date.

Voltage regulator producer Empower closed a $45m round featuring Samsung Catalyst Fund while Swisscom and Six-backed spend management software provider Yokoy raised $26m.

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.

Online insurance provider Justos raised $35.8m in a SoftBank-led series A round while social game studio GreenPark Sports closed a $31m series B that included Alameda Research.

Liberty Mutual, MS&AD Ventures and QBE Ventures all contributed to a series C round taking the climate risk analytics provider's total funding to at least $86m.

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.

Automated driving software developer Jimu Intelligent raised over $31m from investors including UMC Capital and Avic Pingshan while Lockheed Martin took part in gyroscope technology developer Anello's $28m round.

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