Ripple led a $72m series B round for crypto market maker Keyrock while liver disease drug developer iEcure raised $65m in a round co-led by Novo.

Photo courtesy of Kuncheek via Pexels

Funds

Diversified trading group Sojitz and Sompo Light Vortex, a subsidiary of insurance firm Sompo, contributed to the ¥5bn ($37m) first close of venture capital firm GHOVC’s debut fund. GHOVC, which is jointly based in Japan and the US, has set a ¥15bn target for its final close.

China-headquartered insurer FWD Group has formed a RM45m ($10m) fund with Malaysia-based VC…

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Roshini Bains

Roshini Bains is the junior news reporter for Global Corporate Venturing and Global University Venturing.
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