Financial

Stefan Gabriel, formerly head of advanced materials and manufactured product group 3M's corporate venturing unit for six years, hosted a discussion on CVC data.

After several decades of peaks and troughs, corporate venturers feel they are climbing up the slope of enlightenment.

UBS, Santander and New York Life contributed to a round that took the total raised by SigFig, the developer of a robo-advisor platform for banks, to $70m.

Australia-based data exchange platform Data Republic has raised $7.6m in a round featuring domestic corporates Qantas, Westpac and National Australia Bank.

SEB and ABN Amro made strategic investments as part of the personal finances app developer's series B round, which will fund the next iteration of its product.

Founders Factory will build and develop more than 200 startups over five years, with Aviva supporting seven companies each year through 2021.

Weidai, a Hakim-backed peer-to-peer lending service that uses vehicles as collateral, has secured funding from investors including Dong Yi Ri Sheng Home Decoration.

The sixth annual Global Corporate Venturing awards are a celebration of the industry and how it helps entrepreneurs, the venture ecosystem and parent companies make the world a better place and deliver on their strategic and financial goals.

Germany-based media conglomerate Bertelsmann has a number of corporate venturing units spanning the world since Bertelsmann Digital Media Investments (BDMI) was set up in 2006 to explore opportunities to work with innovative new businesses in the digital media landscape.