Financial

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.

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

Royal Bank of Canada was among the investors in a $44m series B round that brings the customer loyalty app developer's total funding to more than $71m.

Nykredit-backed Lunar Way has secured $28.6m and acquired a European banking license for its mobile banking product.

John Pipilis has left Deutsche Bank after nearly 20 years and could lead financing efforts on behalf of SoftBank Vision Fund.

Data marketplace operator DemystData has closed a $12.5m round featuring existing investor Singtel Innov8, roughly doubling its total funding.

Max Life Innovation Labs will focus on startups in spaces such as artificial intelligence, blockchain, the internet of things and big data.