Financial

Tokio Marine Insurance and Oddo BHF invested in Simplesurance as part of a round that took the total raised by the Allianz and Rakuten-backed insurance provider to $60m.

Payment technology provider Klarna will power fashion retailer H&M's new loyalty scheme in a deal that involves the latter investing $20m.

Aave’s newly formed corporate venturing unit will fund digital asset technologies and other blockchain-related ideas ranging from payment services to games.

Kaloyan Andonov of GCV spoke to Geert van de Wouw, vice-president at Shell Ventures, the venturing subsidiary of Anglo-Dutch oil and gas major Shell about the future of energy and how the rebranded venturing arm under his command tackles it.

This is our data snapshot based on last month’s investment activity. 
The charts and tables have been generated by our data platform GCV Analytics.

A range of new materials and technologies could yield vastly improved batteries for purposes including electric vehicles and grid storage.

University and government venturing successes fail to attract significant corporate interest

Sector report: Energy

The following is a snapshot of the data we have collected on investment activity over the past three months. To verify reported deals, we contact about 300 corporate investors each quarter – these comprise roughly 18% of the global CVCs we cover, but account for most of the deals that are made public.

Digital banking service Nubank has raised $180m from Tencent at a $4bn valuation, increasing its overall equity funding to about $505m.

Marin Cauvas has joined Anthemis as an investment associate from Santander InnoVentures.