Financial

Hiscox has led CoverHound's series D round, which also attracted Chubb, Aflac and MS&AD, bringing the insurance comparison platform’s overall funding to more than $112m.

Thomas Whiteaker, who helped spin out Propel Venture Partners from banking firm BBVA, has gone to IBM Ventures as a partner to oversee fintech investments.

The banking software development platform received series A funding from investors including HSBC and Goldman Sachs, which co-led the round, Banco Sabadell and ANZ.

Orange and Experian have both taken part in a round that will be used to expand the reach of Aire's credit assessment tool in the US.

Better Mortgage boosted its overall funding to about $115m, closing a series C round in which American Express Ventures came onboard as an investor.

Partech Africa has achieved a final close of $143m with limited partners including Orange, Edenred, JCDecaux, Bertelsmann, L’Oréal, Axian Group and Texaf.

Recruitment business Andela raised $100m series D round featuring Alphabet

The financial analytics platform raised the capital in a series B round featuring Regions and Jefferies that boosted DV01's overall funding to $33m.

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

Deutsche Kreditbank and LGT Group have put their weight behind Loanboox’s $22.2m series B round, which has boosted the lending marketplace’s valuation to $122m.

Introduction to the World of Corporate Venturing 2019