CSAA-backed digital home insurer Kin Insurance has backed out of a reverse merger while The Sandbox has committed $50m to a metaverse startup accelerator.

Funding

McKesson Ventures, the investment arm of medical product distributor McKesson, has co-led a round of undisclosed size for RxVantage, the US-based creator of a software platform which helps life sciences companies connect with physicians. The round was co-led by growth equity firm Spectrum Equity and included pharmaceutical firms Novartis and Merck & Co, through dRx Capital and Merck Global Health Innovation Fund respectively, as well as Javelin Venture Partners and Slater Technology Fund.

France-headquartered digital mortgage broker Pretto has…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.