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.

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

Voyager Innovations, a digital technology spinoff from telecommunications firm PLDT, is set to raise $175m in a round co-led by Tencent and KKR.

Exor and Samsung Ventures both chipped in as the mobile insurance brokerage boosted its overall funding to $27m.

Insurance firm Axa is among those backing ETH Zurich authentication technology spinout Futurae Technologies, which will use the capital for market expansion.