Nippon Life provided $650m for Resolution Life as part of a round that could reach $1.65bn, while Axa led a $25m round for Dayforward.

Robot Pointing on a Wall

M&A

Management consulting firm McKinsey & Company has acquired Iguazio, an Israel-based AI application development platform backed by corporates Verizon, Dell, Samsung, Robert Bosch and CME Group, for an undisclosed sum. It was valued at $100m as of its last disclosed round, in 2020, when investors including Verizon Ventures and Samsung SDS provided $24m to take its total funding to over $72m.

Physical…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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