Financial

PLDT and Tencent-backed Voyager Innovations has secured an additional $40m in funding from International Finance Corporation to bring its total to $215m.

The insurer has taken on the anchor investor role in Mundi Ventures' Alma Mundi Insurtech Fund, supplying $28.3m.

Banco Sabadell’s InnoCells subsidiary will invest $10m in an AI-focused fund managed by Base10, which has now raised at least $147m.

Google's Gradient Ventures unit was part of a series A round that will enable the automated bookkeeping company to expand its team and bolster its marketing efforts.

Bitfury and Plekhanov Russian University of Economics will pilot the program with Russian government funding.

Plekhanov Russian University of Economics and Bitfury will pilot the program with Russian government funding in the latest of a series of blockchain-related projects announced by higher education institutions.

Tiger Global and DST Global have invested $21m in the mobile wallet developer, which already counted Telkom Indonesia unit MDI Ventures as investors.

Two large and important deals above the $1bn mark in the e-commerce and e-retail space in East Asia appeared in the news last week. Both deals involved telecoms group SoftBank as a corporate backer.

Aviva has agreed to buy a majority stake in home protection platform provider backed by its own corporate venturing fund as well as Munich Re.

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

IBM Blockchain Accelerator will focus on later-stage startups, while Columbia Blockchain Launch Accelerator has been established for pre-seed companies.