Financial

Corporate investors Northwestern Mutual Future Ventures and Securian Ventures returned for a CMFG Ventures-backed round that boosted Gabi's overall funding to $39m.

Crédit Agricole is set to acquire a majority stake in portfolio company Linxo as fellow corporates Maif and Crédit Mutuel Arkéa exit.

Sue Siegel, who featured on GCV's Powerlist five times from 2014 to 2019, has won the Lifetime Achievement Award 2020 for service to the venture and innovation ecosystem.

BP and Occidental chipped into the first round for the data-commodity trading platform since it was formed through the merger of CBL Markets and Xpansiv.

The insurance software developer has now raised more than $33m in total, $15.2m coming in a new round featuring MS&AD Ventures.

SoftBank's Latin America fund has agreed to lead the digital lender's series B round, which is still subject to regulatory approval.

Global Atlantic was among the investors in a round that likely doubled the overall funding raised by the financial app development platform.

Visa co-led a round that included GV, BNP Paribas, SBI Group and Siam Commercial Bank, bringing CurrencyCloud's total funding to $141m.

The real estate transaction and data platform has now received $55m altogether, Mitsubishi Estate having co-led its series B round.

The bank has received regulatory approval for a venture capital fund that can be sized at more than $29m but which will reportedly begin with $15m.

The coprorate has reportedly proposed investing in the one-click payment platform at a valuation of up to $180m.