Financial

Financial services firm City National Bank has bought Stanford StartX-backed royalties payment platform Exactuals having led its series B round last year.

Financial services firm City National Bank has bought EP-backed royalties payment platform Exactuals having led its series B round last year.

The messaging platform developer, which has become increasingly involved in cryptocurrency activities, will invest in token offerings through Unblock Ventures.

The personal finance app developer, which is backed by Grupo Sura, has secured $28.8m of a $40m round, according to a securities filing.

Two corporate players backed gene therapeutics firm Orchard Therapeutics in a round that may indicate an uptick in investments in genetics-related tech for this year

Otto Williams, formerly the corporate's vice-president of innovation and strategic partnerships, will head strategic partnerships and ventures in the CEMEA region.

Series A investors NEX Group, Citi and Wells Fargo all returned for a round that boosted blockchain technology developer Axoni's total funding to $55m.

Oscar Health has received funding from existing backer Alphabet, which acquired a 10% stake in the health insurer through the deal.

American Express Ventures participated in the round's first tranche earlier this year, and Even Financial has now raised a total of $25m.

GSR Capital will inject up to $270m in Overstock's blockchain technology developer, TZero, and invest almost $105m in Overstock itself.