Data analytics platform developer Starburst raised $250m in a Salesforce-backed round valuing it above $3.3bn while SoftBank co-led a $140m round for small molecule drug developer Ventus.

Insights from Global Corporate Venturing 2021 by Emmanuel Benhamou, managing director, EAIGG

Synthetic DNA producer DNA Script and personalised health plan provider Transcarent each closed $200m corporate-backed series C rounds.

Delivery Hero has generated a healthy return having sold part of its stake in delivery app developer Rappi, one of several investments in the Latin American market.

SBI, Ripple, OKWave and Credit Saison have exited the digital currency trading service in an acquisition by Coinbase.

Cox Enterprises led a $58m round for healthcare delivery software provider Enlace Health while Johnson & Johnson snapped up portfolio company OrthoSpin for almost $80m.

Corporate-backed cloud networking software provider Pluribus pushed its total funding to at least $110m while IAG has exited Hyper Anna in an acquisition by Alteryx.

Deep Nishar, formerly an Americas-focused senior managing partner at SoftBank’s Investment Advisers subsidiary, has announced his plans to leave the parent firm at the end of this year.

The venture firm hired new director Asif Giga, who has worked at corporate VC units Ericsson Ventures, Experian Ventures and Singtel Innov8 Ventures.

Mirae Asset-Naver Asia Growth Fund was among the investors as the social media and short-form video app developer expanded on a $502m round featuring Tencent and Snap.

The Alphabet unit hired two partners for its enterprise and fintech team, three months after bringing Dan Lynch and EIR Mojca Skoberne on board.

Sector report: Information Technology

Female Founders Fund has secured GV vehicle Plexo Capital and Twitter as limited partners in its latest seed-stage venture capital fund.

Q&A with Ginger Rothrock, senior director, HG Ventures

Q&A with Terri Burns, investing partner, GV

Twitter and Motley Fool were among the LPs in the venture firm’s latest vehicle, which had a $100m target.

University of Rochester and Grinnell College were among the LPs in the venture firm’s latest vehicle, which had a $100m target.

SoftBank Vision Fund led a $75m round valuing OKR platform developer WorkBoard at $800m while therapist network provider Headway hit a $750m valuation.

European affiliates of Tencent provided nearly half of the $502m secured by the social network operator at a $2.1bn valuation earlier this month.

Snap and existing shareholder Twitter backed a round for the social media platform, which caters to speakers of 15 Indian languages, valuing it at $2.1bn.