Utec joined Dentsu in the fine art providence blockchain creator’s latest round, after supplying $900,000 of seed capital in July 2018.

The financial remittance service has added $21m to more than double a series C round that included Telkom Indonesia, Kasikorn Bank, Rocket Internet and SBI.

Henry Choi has left Korea Investment Partners to lead global investment endeavours for Hana Ventures, the first corporate venture capital vehicle launched by a South Korea-based financial services firm.

The Ola-backed point-of-sale technology developer has received a further $31.5m from some of its existing investors, according to regulatory filings.

BCG Digital founder Jeff Schumacher has formed a decentralised technology investment vehicle that also counts ex-GM Ventures partner Jason Nolte as a founder.

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

Amazon and Intact Financial Corporation both contributed to a series C round that reportedly swelled the auto insurance provider's valuation to about $300m.

Singtel Innov8, MDI Ventures, Sumitomo Corporation Equity Asia, Humanica, Fuchsia Ventures, HSBC and the IMC-managed Heritas Venture Fund all invested in the benefits software developer.

Maumee Ventures president Rashmi Agnihotri left parent company The Andersons at the end of 2018, with John Kraus stepping up to take on the role.