Toronto-based fintech company KOHO has raised $42 million led by Portag3 Ventures as the company is seeing over $500 million in annualized transactions.
Vista Equity Partners founder and the richest black man in America Robert F. Smith is paying off the student loan debt of 396 Morehouse College graduates.
India-based home design and renovation platform company Livspace announced it received minority investment funding from Ikea partner Ingka Investments.
London-based food delivery company Deliveroo has announced it raised $575 million in Series G funding led by Amazon. Existing investors also participated.
New York-based real estate decision company Occupier announced it raised $1.4 million in funding from commercial real estate veterans and angel investors.
Plant-based meat company Impossible Foods announced it has raised $300 million in Series E funding led by existing investors Temasek and Horizons Ventures.
Austin, Texas-based integrated research organization (IRO) Elligo Health Research has raised $20 million and launched the Novel IntElligo Research Stack.
MIT Solve -- an initiative of the Massachusetts Institute of Technology -- announced the launch of the philanthropic venture fund Solve Innovation Fund.