XTX Ventures participated in a series A round for blockchain technology developer Clearmatics that was led by Route 66 Ventures.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Tokio Marine Insurance and Oddo BHF invested in Simplesurance as part of a round that took the total raised by the Allianz and Rakuten-backed insurance provider to $60m.

Payment technology provider Klarna will power fashion retailer H&M's new loyalty scheme in a deal that involves the latter investing $20m.

Christoph Lymbersky, a partner at corporate venturing unit M2P Venture & Capital Partners, has co-founded investment bank Global Ventures.

Jens Schulte, who oversaw corporate venturing at PostFinance, has been promoted to head of M&A for its parent company, Swiss Post.

Aave’s newly formed corporate venturing unit will fund digital asset technologies and other blockchain-related ideas ranging from payment services to games.

Industrial VR headset developer Varjo has raised funding from investors including Siemens' Next47 unit as it prepares to launch its lead product.

Editor-in-chief James Mawson takes an in-depth look at what the Horizon Europe budget needs to achieve.

University and government venturing successes fail to attract significant corporate interest