Services

E-commerce fulfilment technology provider Fabric closed a series C round, backed by Koch Industries and Harel Insurance and Finance. This is one of the latest sizeable rounds in the still booming e-commerce space.

Wells Fargo Strategic Capital took part in a $52.5m round for digital mortgage platform developer Maxwell while corporate-backed music distributor UnitedMasters closed a $50m series C.

Cybersecurity software developer Sonrai Security, small business insurance provider Coterie and fashion brand Love, Bonito each raised $50m in corporate-backed rounds.

Salesforce Ventures, Slack Fund, HubSpot Ventures and Okta Ventures all returned to back the commercial partnership platform developer.

Voltage regulator producer Empower closed a $45m round featuring Samsung Catalyst Fund while Swisscom and Six-backed spend management software provider Yokoy raised $26m.

Koch Industries and Harel Insurance and Finance helped the e-commerce fulfilment technology provider close a series C round that took its overall funding to $336m.

Prosus took part in a round which reportedly boosted the agricultural services platform developer's valuation to $450m and its total funding pst $160m.

Chalo has acquired the corporate-backed shuttle bus aggregator, which had raised roughly $120m from investors including BCC, Amazon, Dentsu, Toyota, Sojitz, SIG and Compound Partners.

The Asahi Broadcasting, Dentsu, Netprice, Nippon Life, OLM and Toho-backed character stamp creator is set to merge with Wwwaap to form a new company called Minto.

The SoftBank and Hearst-backed creative marketing provider has secured the first tranche of its series D round at a $1bn valuation.

HSBC Asset Management helped expand sustainability software producer MioTech's series B-plus round while quantum cybersecurity software developer QuintessenceLabs raised $18.8m in a round co-led by Telus.