Canada’s Strategic Innovation Fund will provide $19.2m for accelerator Creative Destruction Lab over four years with the aim of supporting more than 1,300 science-focused companies.

Trade body Association of International Certified Professional Accountants provides participants in its accelerator with up to $25,000 in funding to target either financial information or occupational competency applications.

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.

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

Digital banking service Nubank has raised $180m from Tencent at a $4bn valuation, increasing its overall equity funding to about $505m.

Marin Cauvas has joined Anthemis as an investment associate from Santander InnoVentures.

The insurance software provider has added funding from investors including Sompo, XL Catlin, Munich Re, Grupo Sura and JetBlue to close its series A round at $31.6m.

Yale University’s endowment will reportedly back a $400m cryptocurrency-focused fund called Paradigm together with investors including Sequoia Capital.

William Bell, a director at TIAA’s corporate development department, has joined Nuveen as a managing director.