Services

Cox Enterprises invested in digital media company Axios at a $430m valuation while Bristol Myers Squibb helped enzyme drug developer Nitrase Therapeutics boost its series A round to $45m.

Corporate-backed financial remittance network operator Lightnet netted over $48m while Callaway Golf Company invested $30m in indoor golfing chain Five Iron Golf.

The FedEx and SoftBank-backed shipping service provider’s offering, set to take place early next year, will reportedly value it between $5.5bn and $6bn.

The public relations group’s newly formed VSC Ventures unit has raised $7m from undisclosed limited partners and will target climatetech startups.

Existing investor Lennar returned to back the modular homebuilder in a round led by Gigafund, bringing its overall funding to over $71m.

The Prosus and Benesse-backed online skills learning marketplace priced its shares at the top of their range to raise approximately $421m.

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.