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Series D

Next Insurance times $250m series D
CapitalG has led a $250m series D round for Next Insurance, while Munich Re also returned for the deal that increased the workplace insurance provider’s total funding to $631m.
Prologis ships round
WM Motor wins over investors for $1.47bn series D
Baidu, Tencent and China Minmetals-backed electric vehicle producer WM Motor has raised $1.47bn in a series D round to support R&D, marketing and sales activities.
Finch has the guts for $90m series D
SymBiosis and Susquehanna International Group were among a consortium of new and existing backers that supplied $90m in series D financing to Finch Therapeutics.
Kyee accumulates $64m in series D funding
Tencent has led a $64m series D round for the healthtech developer, whose shareholders already include SoftBank.
Corporate venturing deal net: 14-18 September 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Tonal works out $110m round
Evolution Media and new investor Amazon Alexa Fund helped home fitness product developer Tonal hike its overall funding to $200m.
Gojo & Company grows series D round
Higashi-Nippon Bank was among the investors that added $19.3m to a round for the microfinance services provider that now totals $41.5m.

Other News

Acko stacks up $60m in series D
The online insurer took its total valuation to $500m in a round led by Munich Re Ventures and backed by fellow corporate investors Amazon and Intact Financial.
Biocytogen brings in $142m
China Life has returned for a $142m series D-plus round for cancer treatment developer Biocytogen, having already co-led its $77m series D round 13 months ago.
Recursion takes $239m funding excursion
The drug discovery technology producer received $50m from strategic partner Bayer in the round, which valued it at about $1.2bn post-money.
Snyk scopes out $200m series D
Alphabet and Salesforce-backed software debugging tool provider Snyk has now raised $452m in funding altogether and pushed its valuation to more than $2.6bn.
Zymergen forges $300m series D
The SoftBank and Hanwha-backed innovative materials producer boosted its overall funding to more than $870m in a round led by Baillie Gifford.
Livspace finds room for $90m
Ingka Group returned to help the home renovation service secure series D funding from new and existing investors that will support a hiring initiative.

Editor's Picks

Beike Zhaofang moves to $2.4bn round
SoftBank reportedly invested $1bn in the online real estate brokerage as part of a $2.41bn round also featuring Tencent at a valuation of more than $14bn.
Naspers reaches Meesho in $125m round
Facebook provided $25m for the social commerce marketplace as part of a Naspers-led round that has been set to value it at up to $650m.
Mid-sized Investment of the Year: Katerra
Currently valued at over $3bn, Katerra, which aims to revolutionise the construction sector with its technology, is said to be the most well-funded construction tech startup.
Graphcore absorbs $200m in series D funding
Microsoft, Samsung, BMW i Ventures, Robert Bosch Venture Capital and Dell Technologies Capital all invested in a round that valued the AI chipmaker at $1.7bn.
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