Services

University of Zurich has generated 143 spinouts since 1999, 75 out of which were founded in the past decade.

Softbank Vision Fund 1 returned for the travel and leisure booking service's series E round, helping to boost its overall funding to $725m.

The RTL Ventures-backed fashion e-commerce platform will use the $24.2m it has raised to grow internationally and boost its technology and product development.

The leadership coaching service plans to grow its product and engineering operations after securing new funding from investors including Bloomberg Beta.

The online education provider has secured $150m in series E3 funding from investors including Tencent at a $1.5bn post-money valuation.

The close of the apprenticeship operator's series GV-backed series B round took its total funding to about $64m and follows its opening of a US office.

Before the commercial release of Rivians’ electric vehicles (EV) this year, Amazon has returned to back the company in a round valuing it at $27.6bn. The EV space is among the hottest in the automotive business and valuations have remained high despite the cyclical nature of demand for vehicles.

Salesforce has made a strategic investment in the HR software developer, which has increased its total funding to $35m.

China Three Gorges, Cisco and Lenovo-backed 4Paradigm has closed a $700m series D round after more than a dozen backers threw their weight behind the enterprise AI developer.

Lufthansa’s portfolio company TripActions has attracted $155m in series E financing co-led by Andreessen Horowitz, Addition and Elad Gil at a valuation of $5bn.

Bennett Coleman & Co, Globe Telecom and Tencent are set to exit the story sharing community operator in a cash-and-stock acquisition transaction by Naver.