IHS Markit and Leucadia National both invested in collateral management platform developer CloudMargin, which will use the cash for sales, marketing and product development.

Alibaba's financial services affiliate has reportedly already raised $3bn from investors including Temasek and is targeting an $8bn to $9bn close.

Game producer Youzu Interactive led a round that took the credit risk assessment platform's overall funding to more than $50m.

Returning investor CNP Assurances contributed to a $28.4m round led by Index Ventures that increased the health insurance startup's total funding to $45m.

DriveWealth has closed a series B round co-led by SBI, three years after attracting series A capital from Route 66 Ventures.

Coinbase Ventures will invest in early-stage digital currency companies, initially without the requirement of formalising strategic partnerships and potentially backing competitors.

Andreas von Richter had previously been partner of Aster Capital among other venture roles over the past decade.

Lee had left IDG Ventures Korea in early 2016 and has spent the past near-two years as managing partner of Cognitive Investment.