Sectors

Digital Garage-backed software pentesting service Cobalt.io pushed its total funding to more than $36m in a Highland Europe-led series B round.

Scienion has agreed to a cash and share acquisition by Cellink two decades after emerging from Max Planck Institute for Molecular Genetics.

Samsung Ventures and Fosun RZ Capital contributed to an $11.4m round that lifestyle media app developer Trell will put into hiring and product development.

US-based business finance provider Kabbage, which has a host of corporates as backers, will be acquired by payment processing firm American Express.

Machine learning-focused Tau Ventures has bagged $17m for its first fund, with law firm Wilson Sonsini Goodrich & Rosati among the limited partners.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

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

Morgan Creek Digital has led a round that pushed digital currency product developer BlockFi's total funding past the $160m mark.

Medical care crowdfunding service Waterdrop has confirmed it raised $230m in its series D round, which was co-led by Swiss Re and Tencent.

Sony was among the investors contributing to a $46.5m close of a round for the insurance software provider that includes Signal Iduna, SBI and Mitsui Sumitomo Insurance.

Returning investor PPD co-led a $40m round for the remote clinical trials service, while Novartis, Amgen, Sanofi and Alphabet also doubled down on their commitments.