Sectors

Eli Lilly will exit the genetic sequencing system provider in a cash-and-share acquisition by 10x Genomics that followed $50m in funding.

Recruit has exited creative services marketplace 99designs in a purchase of undisclosed size by Vistaprint parent Cimpress.

Birkhofer had been a board observer for three portfolio companies during his stint at corporate venture capital vehicle Prologis Ventures.

The series D round included Digital Garage and reportedly valued the food distribution platform between $400m and $500m.

Porsche Ventures has exited fleet management technology provider Fleetonomy through a purchase by Via, hot off $200m in series E funding.

The online employee and further education provider is set to list on TSE’s Mothers Market, allowing Freebit, Matching Service Japan, MyNavi and Will Group to exit.

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

University endowments have backed a dollar-denominated venture capital fund from M31 Capital, whose earlier investments include Grail.

The food delivery service reportedly expects to achieve a valuation of more than $2.6bn when it floats, having secured permission for Amazon to invest earlier this year.

The second-hand vehicle marketplace achieved the valuation in a round co-led by SoftBank that pushed its overall funding to $400m.

The cybersecurity platform developer has followed an investment by Salesforce in June with $150m in new funding at a valuation topping $9bn.