Ardian Growth fund invests in Swiss ecommerce startup ProduceShop
Ardian Growth II fund, which raised €250m in 2018, has invested an undisclosed sum to acquire a minority stake in Switzerland-based e-commerce startup ProduceShop. The company provides a platform for European furniture retailers.

Brynwood Partners acquires pasta business from Nestle
As part of its product revamp, Nestle has agreed to sell Buitoni’s North American operations to Brynwood Partners for an undisclosed sum. Nestle owned the pasta brand for over 30 years.

Accounting platform Silverfin raises $30 million in Series B
London-based private equity firm Hg’s Mercury Fund 2 has reportedly led a round of financing in accounting platform silverfin. Although terms of the deal were not disclosed, Belgian newspaper De Tijd estimates the round was worth $30 million.

Jio Platforms raises another $800 million
TPG and L Catterton join the long list of investors in India’s telecom giant Jio Platforms. The latest round brings the total amount raised by the company to $13 billion since the start of this year.

Zamo Capital invests in British social housing manager
Impact investor Zamo Capital has acquired a minority stake in Social and Sustainable Capital (SASC), a London-based social housing investment manager. In a statement, the Zamo team said the move was triggered in response to a pandemic-driven rise in demand for social housing.

Swedish startup Sinch acquires ACL Global for $70 million
Stockholm-based Sinch, a cloud communications platform, plans to expand its services to India and Southeast Asia via its acquisition of ACL Global this week. ACL provides cloud based enterprise messaging solutions.

Novo Nordisk to acquire US biotech firm Corvidia Therapeutics
Pharmaceutical giant Novo Nordisk is acquiring Massachusetts-based biotech company Corvidia Therapeutics for up to $2.1 billion. Corvidia’s pipeline for medical treatments are focused on cardio-renal diseases.

Trade Hounds raises $3.2 million in seed funding
The so-called “LinkedIn of the construction industry,” Trade Hounds, has raised $3.2 million in seed funding. The round was co-led by Corigin Ventures and Brick & Mortar Ventures.

Instacart raised a new $225 million to push its valuation to $13.7 billion
Online grocery pickup and delivery giant Instacart has raised $225 million in a fresh round of funding. The round was led by DST Global and General Catalyst. The company is now worth $13.7 billion.

Wave raises $30 million in Series B
Los Angeles-based virtual reality startup Wave has raised $30 million in a round led by Maveron. The company wants to reinvent the concert and live performance experience for a digital audience.

Digital privacy platform Ethyca raises $13.7 million in Series A
New York-based privacy compliance platform Ethyca has raised $13.7 million in a fresh round of funding. The round was led by IA Ventures. The company helps enterprise clients keep data private.

Spike raises $8 million in Series A
In a funding round led by Insight Partners, virtual workplace software platform Spike has raised $8 million drive expansion. The company helps remote teams collaborate through a conversational ecosystem.

CareAcademy raises $9.5 million in Series A
Boston-based CareAcademy has raised $9.5 million in a new round of funding led by Impact America Fund. The firm provides tools to train staff at nursing homes and care centers across the U.S.

Postman raises $150 million in Series C
Bengaluru, India-based Postman, an API development platform, has raised its largest round. Led by Insight Partners, the funding raises Postman’s valuation beyond $2 billion.

Meditation app Headspace raises $47.7 million in an extension to its Series C
Santa Monica, California-based Headspace has raised a new round of funding to expand its app-based meditation and mindfulness platform. The company has raised a total of $215.9 million in equity funding since inception in 2010.

TeleVet raises $5 million in Series A
TeleVet wants to bring telehealth services to the veterinary industry. The Austin-based firm has raised $5 million in a Series A round of funding led by existing investor Mercury Fund.