SpotOn Transact, a software and payments company for small and medium-sized businesses, secured US $60 million in Series C funding just six months after announcing its $50 million Series B investment.

SpotOn raises US $60M for payments software FULL

DST Global led the round for the three-year-old, San Francisco-based company, which focuses on the retail, services and restaurant industries.

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Bright Health, a Minneapolis-based company offering health plan products and clinical care delivery services, has raised $500 million in Series E funding. Investors include funds and accounts advised by Tiger Global Management, T. Rowe Price Associates and Blackstone.

Insurtech upstart Next Insurance, a provider of policies for operators of small businesses, raised $250 million in a Series D round led by Alphabet’s CapitalG and Munich Re. The round brings total financing for the four-year-old, Silicon Valley-based company to over $600 million.

WM Motor, a China-based electric vehicle startup, raised $1.47 billion in a Series D round. The new investment makes the 5-year-old company, which is backed by Baidu and Tencent, one of the highest funded EV startups in China.