Sectors

The corporate divested about 10% of its shares in the NYSE-listed online marketplace having already sold almost $1.7bn in shares six months ago.

Unfavourable market conditions have scuppered the corporate-backed consumer credit company’s planned reverse takeover as it opts instead for more private funding.

Legend Capital and Sunshine Insurance were among the investors in a $91.1m round for the text recognition software developer.

The healthcare provider has added $25m to its original commitment of $25m for TMC Venture Fund, to be deployed over the next decade.

SAIC Motor’s Hengxu Capital helped allosteric drug developer Nutshell Therapeutics close a $40m round while cancer therapy developer Impact Therapeutics secured series D1 funding.

The Tencent, Naspers and BCC-backed online education services provider was valued at $22bn in its latest round as it prepares its initial public offering.

The quick grocery delivery service formerly known as Grofers has completed the first tranche of a $400m round having received funding from returning investor Zomato.

Schibsted Ventures participated in a round which pushed the smart energy provider's overall funding to over $170m as it eyes European expansion.

Aldi South, Rewe and Żabka joined investors including HP Tech Ventures, Qualcomm Ventures and Verizon Ventures in the autonomous retail technology developer's series B round.

JetBlue Technology Ventures has exited the short-term rental data provider in a takeover by OTA Insights that follows $2.8m in funding.

NGT HealthCare II Impact Fund has raised a $92m fund with T3 and Hadassit joining as strategic partners.