The university has launched its accelerator through the King's Entrepreneurship Institute, which will support 20 startups over the next 12 months.

The corporates have joined eight other insurance companies in backing the Iowa-based Global Insurance Accelerator, which is preparing for its third year.

The FIS and Goldman Sachs-backed financing platform developer raised the funding in a round that included DNS Capital, Pritzker Organization and undisclosed existing backers

Construction company Bechtel participated in the series A round closed by the newly launched property deal management platform.

Financial risk mitigation firm Icap, which led OpenGamma's $15m series C round in 2012, returned to co-lead a $13.3m round with fellow existing investor Accel.

The Ping An-backed digital payment company has closed the first tranche of a funding round featuring Technology Crossover Ventures and Susquehanna Growth Equity.

Stripe, valued at $5bn as of a Visa and Amex-backed round last year, has received an undisclosed amount from Sumitomo Mitsui Card Company as it launches in Japan.

Isetan Mitsukoshi and a host of banks contributed to the finance management software provider's latest round, taking its overall funding to nearly $48m.

Commerzbank's venture capital unit made its second investment in online lender Iwoca as part of a $26.8m series C round.