Luisa Beltran

Forbion said July 11 that its fourth flagship fund closed on 270 million euros ($316.3 million), surpassing its 250 million euros target. Forbion IV will focus on biotech and seek to invest in about 15 companies, mainly in the EU and UK.

Juul Labs, the ecigarette startup, has closed on the first $650 million of a $1.25 billion funding round, the Financial Times reported, citing a regulatory filing. Tiger Global is leading the round which values Juul at $15 billion, the story said.

MTech Capital said July 10 that the firm’s insureTech venture fund has raised $75 million in an initial close from three investors. They include CNA Financial Corp, NN Group, and an insurance company. The fund, which has a $150 million target, is focused on technology-enabled investment opportunities with the potential to transform the insurance industry.

Trillium Secure Inc said July 4 that it raised $11 million in Series A2 funding led by JAFCO. Also participating were investors Airbus Ventures, Deutsche Bahn Digital Ventures, Mitsubishi UFJ Capital, Tokyo Century Corp and Plug and Play Ventures. Trillium, of Sunnyvale, California, provides cybersecurity protection and data management for vehicles and fleets.

Dyal Capital Partners, a division of Neuberger Berman, has acquired a minority stake in HPS Investment Partners. Financial terms weren’t announced. Dyal’s stake in HPS is passive and non-voting. HPS, of New York, is a credit investment manager.

Automation Anywhere said July 2 that it raised $250 million in funding led by New Enterprise Associates and Goldman Sachs Growth Equity. Also participating in the round were General Atlantic and World Innovation Lab. Automation Anywhere, of San Jose, provides robotic process automation.

Amazon said June 28 that it agreed to buy PillPack. Financial terms weren’t announced but press reports pegged the deal at about $1 billion. PillPack, of Manchester, New Hampshire, is an online pharmacy that offers pre-sorted doses of medications and home delivery. PillPack is backed by investors including Accel, Accomplice VC, Astral Capital and Charles River Ventures, according to PitchBook.

Lyft said June 27 that it raised $600 million in a financing found led by Fidelity Management & Research Co. Senator Investment Group LP also invested in the round, which valued Lyft at $15.1 billion. Lyft is a ride-sharing app.

AdoRx Therapeutics said June 21 that it raised $10 million in an investment round financed by Epidarex Capital and CRT Pioneer Fund. AdoRx Therapeutics, of Edinburgh, Scotland, is a drug discovery company focused on identifying new cancer therapies.