Energy utility Fortum is putting $170m into venture firm Valo Ventures, which was founded by CapitalG alumnus Scott Tierney.

Kieran Gartlan has departed from a Latin America-based senior director position at CME Group for a managing director role at The Yield Lab.

PW Singapore and Icon have formed partnerships with Tribe Accelerator, a newly-launched program focused on blockchain startups.

The insurer has taken on the anchor investor role in Mundi Ventures' Alma Mundi Insurtech Fund, supplying $28.3m.

Provided by Matrix Partner China and Ceyuan Ventures, the series A capital will help Renmin natural language processing spinout Elens mature its product development and R&D capabilities.

JHU-backed fitness platform operator BurnAlong obtained the cash from investors including Brown Advisory to take its total to $4.7m.

Uniseed has upped its investment in probiotic drink maker Perkii after leading the Queensland spinout’s first $3m round in 2016.

Harvard’s Quralis has added funding from investors including Viva Biotech to take its seed total to $5.5m as it looks to advance treatments for amyotrophic lateral sclerosis to the clinic.

4490 Ventures has returned for the latest round for weather analytics service Understory, which has disclosed a total of $24.6m in funding to date.

Hospitality shift work platform Qwick’s seed investors include UAVenture Capital Fund, an independent vehicle set up to cultivate University of Arizona’s ecosystem.