Financial

Alameda Research backed the crypto exchange’s series B round as it looks to expand across the Middle East and North Africa.

Lithium mining process developer Lilac completed its series B round, which received backing from a several corporates. A sizeable round like this has been somewhat rare to see from the mining space, which has been so far somewhat neglected by corporates.

Amdocs and Comcast contributed to deep learning software provider Neural Magic's $30m series A round while packaging producer Creapaper completed a series B featuring Ranpak.

The rural producer-focused digital credit provider is set to receive $120m from Conglomerado Alfa subsidiary Alfa Collab over three years.

Swiss Re and CommerzVentures helped the digital insurer add $63m in series B funding which will be used to pursue its own insurance licence and boost European expansion.

Data collaboration software producer Duality Technologies, e-commerce logistics provider Pandion and cybersecurity software developer Adaptive Shield each raised $30m.

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

Coinbase Ventures was among the investors in a series C round valuing the digital currency exchange at just over $1.9bn.

WR Berkley helped digital insurance provider Sure secure $100m which will be used to boost its global expansion and accelerate its product launches.

The Allianz and Northwestern Mutual-backed digital insurance provider raised the capital at a reported $900m valuation.

The insurance subsidiary of financial services provider Fubon has acquired a 0.65% stake in Tiger Global’s XV fund after a similar deal for its IV vehicle earlier this year.