Services

Banking software provider Zeta netted $30m from investors including Mastercard at a $1.5bn valuation while drug development services provider Staq Pharma closed its series C round.

Softbank Vision Fund 2 and AP Moller Holding contributed to the freight management software provider's series D round at a $2.1bn valuation.

The corporate venturing industry is pushing towards a 50:50 split in senior investor roles.

STV co-led a $54m extension lifting BNPL service Tabby's series B round to $104m while online seafood marketplace Captain Fresh doubled its valuation to $500m in a $50m series C.

The fresh produce distribution service will invest in agricultural technology startups at seed stage, supplying technology and experience as well as cash.

CSAA participated in the first close of a series D round for Kin Insurance, which is part of the broader insurtech space, which has enjoyed the attention of corporate venture investors.

Carbon-to-diamond technology developer Aether raised $18m in a Helena-led round while healthcare fintech startup Lynx emerged from stealth with $17.5m from investors including Commonwealth Care Alliance.

The corporate-backed virtual cosmetics app developer’s SPAC merger later this year is set to be boosted by $50m in financing from investors including CyberLink, Chanel, Shiseido and Snap.

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

Prosus Ventures has returned to back the on-demand delivery service, helping the company’s total funding reach nearly $129m.

Subsidiaries of Lennar and JLL helped provide $400m for homebuilder Veev while Sinar Mas is supplying $200m for digital wallet developer Dana.