Financial

Binance and its Indian subsidiary WazirX intend to provide $50m in funding for blockchain technology developers following regulatory changes in the South Asian country.

Prepared by researchers from the Washington University, St Louis on behalf of The Yield Lab, sponsored by Rabo Strategic Ventures

Microsoft, PayU, Boston Consulting Group, CMT Digital and founding investor Intercontinental Exchange all backed the digital wallet provider's series B round.

Monthly analysis: February 2020

The United Nations-backed Intergovernmental Panel on Climate Change (IPCC) has previously estimated the world will need to remove an average of 10 gigatons –10 billion tons – of carbon dioxide (CO2) a year from the atmosphere by 2050.

Netherlands-based financial services firm Rabobank provided an additional €80m ($90m) of funding for its strategic investment subsidiary, Rabo Frontier Ventures a year ago in February 2019.

Special report: Agtech

The third annual Global Corporate Venturing Israel conference took place in Tel Aviv on February 11 in partnership with local corporate innovation advisory firm Axis Innovation.

Sector analysis: Industrial

Wipro Ventures exited email security software developer Emailage, when it was acquired by LexisNexis Risk Solutions. The sizeable deal is part of the wider cybersecurity space which has been popular over recent years.

The Tencent, Bank Central Asia and Mastercard-backed cross-border remittance service is seeking series D funding and is in talks with an unnamed financial services firm to lead the round.