Completion of a Series C funding round of EUR205 million has propelled edtech Go Student to unicorn status with a valuation of EUR1.45 billion. New backers of the Vienna-based company, which provides one-to-one video-based online tutoring services, include DST Global, SoftBank Vision Fund 2, Tencent, and Dragoneer, while existing investors Coatue, Left Lane Capital, and DN Capital also participated.

In today’s deals news, PAI Partners has agreed to acquire Pasubio, a specialised provider of premium leather for the automotive industry whose clients include Porsche, BMW, Bentley, JLR, VW, Rolls Royce, Lamborghini and Maserati, from CVC Capital Partners VI (CVC).