Financial

American Family Insurance was among a string of limited partners for the growth equity firm's ninth fund, which was oversubscribed from its $300m target.

Canada’s Strategic Innovation Fund will provide $19.2m for accelerator Creative Destruction Lab over four years with the aim of supporting more than 1,300 science-focused companies.

Trade body Association of International Certified Professional Accountants provides participants in its accelerator with up to $25,000 in funding to target either financial information or occupational competency applications.

Tokio Marine Insurance and Oddo BHF invested in Simplesurance as part of a round that took the total raised by the Allianz and Rakuten-backed insurance provider to $60m.

Payment technology provider Klarna will power fashion retailer H&M's new loyalty scheme in a deal that involves the latter investing $20m.

Aave’s newly formed corporate venturing unit will fund digital asset technologies and other blockchain-related ideas ranging from payment services to games.

Kaloyan Andonov of GCV spoke to Geert van de Wouw, vice-president at Shell Ventures, the venturing subsidiary of Anglo-Dutch oil and gas major Shell about the future of energy and how the rebranded venturing arm under his command tackles it.

This is our data snapshot based on last month’s investment activity. 
The charts and tables have been generated by our data platform GCV Analytics.

University and government venturing successes fail to attract significant corporate interest

A range of new materials and technologies could yield vastly improved batteries for purposes including electric vehicles and grid storage.

Sector report: Energy