Financial

Overstock's Medici Ventures has returned to invest in financial data management software developer PeerNova's latest round, with the proceeds to fund product development.

Ally Financial venture capital unit has contributed to health savings account provider Lively’s latest round to take its total funding to approximately $42m.

Salesforce Ventures and NAB Ventures both supplied series C funding for Athena Home Loans, which is preparing to diversify its online mortgage financing service.

Yeshiva University’s Innovation Lab accelerator has more than doubled the number participating in its latest cohort, with a number of AI-driven technologies among those selected.

The developer of non-toxic pesticides raised an $85m round backed by BASF. The deal is part of the agriculture and agtech space which is enjoying more interest from corporates this year than previously.

The insurer will ensure $20m from its second corporate venturing fund reached women-led startups, while Google and Microsoft have also launched diversity-focused initaitives.

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

Dai-ichi Life has led the final close for the Japan-based financial technology developer’s $38.8m series C round, which was already backed by Tokyo University of Science Investment Management Company.

The electronic invoicing specialist has raised series B funding in a Tencent-backed round that is the same size as its previous round last year.

Dai-ichi Life has led the final close for the Japan-based financial technology developer’s $38.8m series C round, which includes Marui, Aizawa Securities and SBI Group.

Debt marketplace operator CrossLend raised $38.5m in a series B round led by Santander InnoVentures at a reported valuation of more than $110m.