Services

Corporate-backed teleconferencing system provider Baijiayun raised cash at a $465m valuation while financial software provider Prime Trust closed a $64m round featuring Nationwide and Samsung Next.

SoftBank Vision Fund has returned to back the e-learning portal in a round which valued it at $3.44bn and lifted its overall funding to about $860m.

Amazon Climate Pledge Fund committed capital to battery recycling services provider at a reported $3.7bn post-money valuation. GCV Analytics data suggest there is a heightened interest in deals from this space and an upward pressure on valuations.

SoftBank-backed barbershop booking service Squire raised $60m at a $750m valuation while card issuing platform developer Lithic was valued at $800m in a round featuring Exor.

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

Holiday rental property marketplace Vacasa will get a Nasdaq listing from the deal, which follows $527m in funding from investors including Assurant.

SoftBank Vision Fund 2 has led a round that took the Salesforce Ventures-backed online classroom tool provider's overall funding to more than $160m.

CapitalG sold $36.3m of shares in an upsized offering for the language learning app developer, which saw its shares rise 36% on their first day.

The Beenos, Toyota Tsusho and Digital Garage-backed second-hand car marketplace has secured the first portion of a $200m round at a reported $1.2bn valuation.

Venture capital funding for Indian firms hit a six-year high of $12.1bn in the first six months of 2021

Roc Nation's Arrive unit participated in a debt and equity round that boosted the home rental-to-mortgage service provider's total financing to $182m.