Financial

The insurance software provider has added funding from investors including Sompo, XL Catlin, Munich Re, Grupo Sura and JetBlue to close its series A round at $31.6m.

Yale University’s endowment will reportedly back a $400m cryptocurrency-focused fund called Paradigm together with investors including Sequoia Capital.

William Bell, a director at TIAA’s corporate development department, has joined Nuveen as a managing director.

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

Voyager Innovations, a digital technology spinoff from telecommunications firm PLDT, is set to raise $175m in a round co-led by Tencent and KKR.

Exor and Samsung Ventures both chipped in as the mobile insurance brokerage boosted its overall funding to $27m.

Insurance firm Axa is among those backing ETH Zurich authentication technology spinout Futurae Technologies, which will use the capital for market expansion.

Existing backer GV returned to reinvest in cross-border payment platform Veem as part of a round led by Goldman Sachs.

The lending platform's existing shareholders, which include Rocket Internet, sold $184m in shares as part of the offering.

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

The Berliner Volksbank-backed digital wealth manager has secured almost $39m in a Toscafund-led funding round.