Sectors

Underwriters have exercised their over-allotment option in full, increasing the University of Pennsylvania-linked genetic medicine developer’s proceeds by $32.4m.

The wages advance service has been acquired by working capital financing supplier Greensill after raising $2.5m from investors including NAB in early 2019.

Cemex Ventures has exited concrete analysis technology developer Concrete Sensors having participated in a $2.9m round less than two years ago.

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

Robert Bosch Venture Capital has exited Modcam after investing $600,000 in the computer vision sensor developer in 2015.

Recruit was among the participants as the hospitality software producer raised funding that will go to technology development.

Mental health services provider Lyra Health, whose earlier investors include Providence Health and Services and Castlight Health, has amassed $75m in its latest round.

Online rewards platform developer ShopBack added $30m on to a Rakuten-backed round that will support the strengthening of its technology.

Existing investor Sinopharm Capital came back for a $57.7m round that will support the progression of the small-molecule drug developer's pipeline.

Blue Cloud Ventures and Stereo Capital co-led a series D round for the Sonae-backed cybersecurity services provider, pushing its total funding past the $150m mark.

Blackstone is paying an undisclosed amount for a majority share in the health plan management software provider, which raised $34m from Medica in 2017.