Financial

Allianz Life Ventures contributed to a round that boosted the investment tools provider's overall funding to $120m.

UOB and the venture firm’s joint vehicle has reportedly reached a first close sized at more than half its ceiling and is on its way to a final close later this year.

The insurer has pledged $13.5m to startup accelerator and incubator Founders Factory through a partnership modelled after a similar five-year initiative in 2016.

Singtel Innov8 is set to exit cybersecurity technology developer Bitglass in an acquisition deal while Nio Capital contributed to marketing software developer Whale's $50m series B round.

WestCap and Caisse de dépôt et placement du Québec co-led a round valuing the Tether-backed crypto lending platform developer at over $3bn.

The reinsurance provider's corporate venturing arm is bolstering its portfolio development activities alongside the launch of its latest fund.

Google was among the investors that helped the digital banking platform close its latest round at a $500m valuation, taking its overall funding to $137m.

Mobiliar took part in a $35m round for medicine transportation system developer SkyCell while Nice Investment co-led wealth management software provider Fount's $33.4m series C.

Corporate-backed cloud networking software provider Pluribus pushed its total funding to at least $110m while IAG has exited Hyper Anna in an acquisition by Alteryx.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The FinUp and Gunosy-backed consumer credit provider has begun negotiations for a $100m round which could be led by Tiger Global Management.