Sectors

Strategic partner PPD returned for a round that helped the clinical trial software provider take its total funding past the $130m mark.

Pharmaron Investments, Amgen Ventures and MRL Ventures Fund helped the bone marrow cancer drug developer double its total funding to about $160m.

LBO France’s Digital Health 2, which has a targeted close of about $240m, has secured Orange and its Enovacom subsidiary as a limited partner.

TDK Ventures, Paz Oil and Landa Ventures-backed hydrogen and ammonia fuel cell technology developer raised $60.7m in an Israel flotation.

The Naspers and Benasse-backed online skills platform developer hiked its valuation to $3.25bn and its total funding to more than $280m.

UC Berkeley-founded emissions measurement provider Aclima has raised cash in a round that included Splunk, RBVC and Microsoft Climate Innovation Fund.

Marketing and imaging software producer Adobe agreed to acquire US-based work management software provider Workfront in a $1.5bn deal, giving quantitative trading firm Susquehanna International Group (SIG) an exit.

Alphabet-backed language learning platform developer Duolingo has now raised $183m altogether and has increased its valuation 60% to $2.4bn.

The insurance comparison service will use the cash from the American Family and MassMutual-backed round for recruitment, geographic growth and technology development.

The ad optimisation platform’s IPO will enable Colopl, Credit Saison, CyberAgent, Dai Nippon Printing, Denstu, Fidelity, GMO, Gree, Mizuho, NTT, SBI and Yahoo Japan to exit.

Maersk Growth helped the food retail software provider increase the size of the round to $25m at a reported $100m valuation.