Financial

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

The Mexican small-business lender has received $42m in a round co-led by Goldman Sachs, the investment bank that supplied it with a $100m credit facility in March.

UChicago Startup Investment Program is among a group of backers that provided $47m to support the launch of a Florida-focused home insurance carrier, the first of Kin's subsidiaries to underwrite its own policies.

SoftBank and Telstra are both set to exit digital banking technology developer Kony in an acquisition by Temenos that comes after about $113m of funding.

Axel Johnson’s corporate venture capital arm has contributed to a $10.4m series A round for the Sweden-based digital insurer that was led by Obvious Ventures.

The corporate investor returned to lead a round that reportedly valued life insurance portal Ethos at $400m to $500m.

Fair has collected a total of $100m in equity and debt financing from Ally Financial as part of a strategic partnership, eight months after SoftBank led its $385m series B round.

CSAA Insurance is among a group of backers that provided $47m to support the launch of a Florida-focused home insurance carrier, the first of Kin's subsidiaries to underwrite its own policies.

GV was among the investors for Stanford-backed online life insurance provider Ethos's latest round, which brought the its total funding to more than $106m.

The fund, set up to support the development of the Algorand blockchain, has secured backing from Wibson, Rokk3r and NGC Ventures.

SoftBank-backed genome medical research tech provider 10x Genomics, previously backed by SoftBank, filed to go public. This may be a notable exit in burgeoning genomics and gene technology space, which has seen much corporate backing in recent years.