Financial

Innovative region: Japan

Sector report: consumer

SK Hynix, Marvell and M12 helped data centre technology producer D-Matrix pull in $44m while health insurance provider SafetyWing raised $35m from investors including Digital Garage and CreditEase.

GCV Rising Stars Will Geiger and Brett Kadesh have taken up director positions at the CVC management services firm while Maddi Holman and Kathy Quigley have been appointed associates.

Accenture, Workday and Bank of America helped VR training technology developer Strivr expand its latest round to $65m while Consensys backed a $50m round for blockchain analytics provider Flipside Crypto.

The blockchain technology provider has attracted capital from several corporates for an accelerator tasked with boosting the Web3 ecosystem.

Citi Ventures, Salesforce Ventures and Telstra Ventures all invested in blockchain infrastructure provider Blockdaemon's series D round while GV backed cybersecurity software provider Obsidian's $90m series C.

Coinbase Ventures helped the cryptocurrency exchange increase its valuation to $2.15bn in a round pushing its overall funding past $240m.

Several corporate venture investors participated in a round which took the crypto IoT network developer's valuation to $1.2bn. The round and the company are part of the larger crypto tech space, which has been attracting much interest and capital in most recent times.

BMW and Ralph Lauren contributed to an $85m round for sustainable materials provider Natural Fiber Welding while Credit Saison invested $80m in virtual credit card service Julo.

Decentralised finance technology developer BloXroute raised $70m in a round led by SoftBank Vision Fund 2 while Ackermans & van Haaren helped digital health technology developer Medikabazaar score a $700m valuation.