Sectors

MIT spinout Zylotech has been acquired by Terminus for an undisclosed amount.

Healthcare services provider Wider Circle raised $38m in an AmeriHealth Caritas-led round while data management software producer Tonic.ai closed a $35m Bloomberg Beta-backed series B.

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

The American Express-backed eyewear retailer's market capitalisation exceeded $6.1bn in the wake of its direct listing on the New York Stock Exchange.

Humboldt State University has joined forces with UC Davis to create an incubator focused on agtech and biotech companies in northern California.

Online reselling platform developer Meesho enlisted Facebook, SoftBank Vision Fund 2 and Prosus Ventures for a round that valued it at $4.9bn.

The Continental Grain-backed animal-free dairy protein producer’s latest round valued it at $1.5bn and lifted its overall funding to $750m.

The Nio Capital and SB Energy-backed EV battery exchange platform’s latest round was co-led by Sinopec Capital’s Enze Fund and brought its valuation to over $1bn.

Software developer-focused recruitment firm Andela was valued at $1.5bn in a series E round led by Softbank Vision Fund 2.

Citi and Aflac have contributed to a series F debt and equity round for the digital investment adviser which is now valued at almost $1.3bn.

Schneider Electric and General Electric have returned to back the Invenergy-sponsored venture firm’s second vehicle, alongside LPs including American Electric Power, Equinor and Xcel Energy.