Sectors

The Mitsui, China Pacific, AmTrust, Tokio Marine and Intact Financial-backed automotive insurer is teaming with Insu Acquisition Corp. II to form a business with a $1.3bn valuation.

Western Union, which already partners the Saudi Telecom spinoff on cross-border money transfers, is acquiring a 15% stake in the digital wallet provider.

Tencent is reportedly injecting more funding into WeChat-powered healthcare insurer Waterdrop ahead of a potential IPO at a projected $4bn valuation.

The crypto anti-fraud software developer, which counts Mitsubishi UFJ Financial as an investor, has now raised $165m to date.

Telus Pollinator Fund for Good is equipped with $76.5m to invest in developers of technology that can promote positive social and environmental impact.

Facebook, Google, Autodesk and Citi were among the participants in a round that will help modular housebuilder Factory_OS increase production.

Baidu-backed Subtle Medical produces AI-driven medical imaging software intended to work across different healthcare systems, and has raised $12.2m.

Comcast Ventures has exited the online talent marketplace, which was acquired shortly after a report claiming it ws set to close down.

Tengelmann-backed Emil Capital Partners has returned to lead the fruit juice brand's latest round, which will support its aim of capturing the sports recovery market segment.

Takeda Ventures and Astellas Venture Management both backed cell therapy developer Catamaran as it emerged from stealth.

Q&A with Heri Diarte, head, SE Ventures