Financial

Sector report: financial services

Innovative region: Singapore

Comment by Simon Bond, SETsquared

Lord Grimstone, minister for Investment at the UK’s DIT, spoke at the GCV Symposium

The 10th annual Global Corporate Venturing Symposium marked the first return to Europe of the main corporate, university and government venturing units alongside the rest of the venture capital and startup ecosystem. Its mission is: informing, connecting, and transforming the venture ecosystem.

Oncology therapy developer Recludix Pharma raised $60m in an Access Biotechnology-backed round while Stripe took part in digital payment technology developer Imprint's $38m series A.

BAI returned to take part in a round for the neobank consisting of $125m in equity funding and $75m in debt financing.

The digital payment platform developer's newly formed Circle Ventures unit has begun investing in early-stage blockchain-enabled companies.

Stripe has backed the accounting software provider’s latest round, first reported last month, which pushed its total funding to $140m.

NTT Docomo took part in a series A round for VR technology developer Hikky that stands at $57.1m so far while cancer therapy developer Ankyra raised $45m from investors including GV.

Commerzbank's venture capital arm was among the participants in a series C equity and debt round for the African digital payment network.