Financial

Comcast Ventures participated in the $31m equity portion of a $55m round for lending marketplace operator Lendio that will support the strengthening of its software.

Anthemis has secured $90m from limited partners including Aflac, Nürnberger and Sumitomo Life for an insurance-focused fund that will invest at late stage.

Alphabet will exit credit management company Credit Karma in a $7.1bn acquisition by Intuit.

GCV Emerging Leader Daniel Malandrin has departed from InovaBra Ventures’ parent firm to help one of its portfolio companies, Semantix, form a corporate venturing vehicle.

CommerzVentures led a $13.5m second close that pushed the insurance processing software developer's overall series A funding to $35.5m.

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

The Sunyard-backed fiscal and accounting software startup raised $14.2m in funding, with GGV Capital leading the round.

Accounting and invoicing app developer Khatabook is reportedly closing in on a funding round featuring existing investor Tencent that will value it at up to $300m.

Reports suggest Grab, which just raised $856m from strategic partners TIS and Mitsubishi UFJ Financial Group, is in talks to merge with rival Gojek in a $23bn deal.

Gold-based lender Rupeek, which counts Bertelsmann India Investments as a backer, has snagged funding at a valuation of more than $300m.

Nvidia, Intel and others are piling innovation resources into AI-specialised chip architectures amid heightened risk of competition from Chinese vendors