Services

McCain helped meatless nugget producer Simulate secure a $250m valuation while retail technology developer Grabango raised $39m from investors including Unilever and Honeywell.

Amex Ventures and Citi Ventures were among the returning investors that backed the identity verification software provider in its series D round, at a $1.75bn valuation.

The SoftBank and Sinopharm-backed medicine delivery service will allocate the funding to diversifying its business, potentially adding teleconsultation, counselling and insurance.

SoftBank is set to exit smart scheduling software developer X.ai as its Vision Fund 2 invests in artificial intelligence technology unicorn AInnovation.

HubSpot has exited the marketing platform developer in an acquisition by Attentive that follows some $8m of funding.

Nina Gerson, Jamie Rosen and Jeremy Zhu have all stepped up after conducting a number of deals on behalf of Alphabet's growth equity subsidiary.

Prosus has joined Kaszek Ventures to invest in the last-mile delivery service, which already counted Engie Factory as an investor.

Etsy is acquiring the Gen Z-focused social commerce platform Depop, giving an exit to Lumar. The transaction and its large size may be indicative of a potential momentum for exits from emerging enterprises in this space.

Airbus-backed space mapping software provider LeoLabs closed a $65m round while Qualcomm took part in supply chain technology developer Locus's series C funding.

Salesforce Ventures has returned to back the sales analytics technology developer’s latest round, which brought its overall funding to $584m and valued it at $7.25bn post-money.

Real estate platform developer raised $40m in a round led by Invesco Real Estate while Legend Capital contributed to a round for video shopping service Feiyu.Live.