Financial

Government-focused advisory Decisive Point has set a $10m target for the corporate venturing fund it is raising.

The accelerator has been set up by the banking software provider to back underrepresented minority founders.

FinLeap and Talanx Ampega have returned to back a $30.4m round for their joint venture, which helps wealth managers digitalise business processes.

S&P Global and Snowflake have invested in a round that boosted the financial risk management software provider's overall funding to more than $74m.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Banco Plural took part in a $37.2m round for the digital currency exchange that will support its international expansion.

Maif Avenir has backed a $20.6m round for the digital insurance provider, which has now raised approximately $26m altogether.

The PayPal and Citi-backed cross-border payment technology provider has raised new funding at a valuation topping $1bn.

State of the market

Sector report: Transport

It is expensive to build cars, especially electric ones with few signs they can be profitable outside selling carbon offset credits to polluters.