Sectors

MaC Venture Capital has raised its inaugural seed fund thanks to limited partners including University of Michigan and Howard University.

E-commerce platform developer Olist added $23m to a SoftBank-backed round now topping $80m, while Waters Corporation-backed TetraScience closed its series B at $80m.

Walmart was among the investors to add $750m to a round valuing the autonomous driving technology provider around the $30bn mark.

The CN, Goodyear, Kroger, Mando, Navistar, Nvidia, Sina, Traton, Union Pacific, UPS and US Xpress-backed autonomous truck producer was valued at more than $8.5bn in the IPO.

SK Group was among the participants in a round representing the first external funding for Volvo Cars' electric vehicle spinoff.

Amazon Smbhav Venture Fund will back Indian companies developing digitalisation technology for small and medium-sized businesses.

The Fidelity-backed digital banking software provider has floated on the Nasdaq Global Select Market in a $180m offering priced above its range.

The FIS-backed round valued the fraud prevention software provider above $1bn and lifted its overall funding to roughly $400m.

General Motors-backed Keyfactor has agreed to join forces with PrimeKey with $125m in funding to create a comprehensive machine identity management platform.

The Easyhome, Fosun, GLP, Haier and Tasly-backed logistics services provider has pulled in series B funding that will bolster its supply chain network.

Visa is among the investors that will exit the marketing data software developer in an acquisition by Cardlytics that follows $13m in funding.