IT

PayPal is to purchase its portfolio company Paidy, a consumer finance service provider. Paidy is part of the wider payment tech space, which has seen an increasing number of exits since last year.

Myeg returned for augmented reality technology developer HiScene's $41.6m series C-plus round while celiac disease drug developer Calypso Biotech hiked a corporate-backed round to over $33m.

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

Atlassian Ventures and Salesforce Ventures have returned to back a primary and secondary series F round for the app security platform developer that included Koch Strategic Platforms.

Allianz has recommitted to the venture capital firm having funded its $170m debut vehicle two years ago.

Zoom has completed its third strategic investment in video meeting technology maker Neat, which is now valued at $640m.

Ericsson Ventures has participated in a series B round for cybersecurity software provider TrueFort, reportedly increasing its total funding to almost $48m.

The Coinbase Ventures-backed fraud prevention tool developer has secured the fresh round that boosted its total funding to over $48m.

Stratasys spinoff Evolve Additive Solutions secured $30m from 3D Ventures while CollegeDekho - spun off by GirnarSoft - raised $26.5m.

University of Illinois Urbana-Champaign’s cost management platform developer has increased its valuation to $280m in its most recent round.

Networking and cybersecurity technology provider Aviatrix was valued at $2bn through a series E round backed by existing investor Liberty Global Ventures.