Funding Platforms

Avanta Ventures, the venture capital arm of CSAA Insurance Group, has unveiled a $225m early-stage fund II, bringing its assets under management to over $300m.

Insurtech Gateway, a champion of early-stage InsurTech startups, has completed the first close of its Seed Fund II which will support 20 teams over the next four years from pre-seed to Series A.

Switzerland-based Foxstone, which offers a real estate crowdfunding platform, has reportedly raised CHF 10m ($10m) in its Series A.

HSBC has launched a Female Entrepreneur Fund which will provide $1bn in lending to female-owned business over the next 12 months.

Outfund, a revenue-based finance provider, has pulled in £115m from a Series A funding round of equity capital and debt.

MassMutual Ventures’ (MMV) Asia-Pacific and Europe team has launched a $300m fund to invest in early and growth-stage companies in digital health, financial technology, enterprise SaaS, and cybersecurity.

Tokio Marine Holdings, a multinational insurance holding company, has launched the Tokio Marine Future Fund to support early stage startups across InsurTech, FinTech, mobility, healthcare, cybersecurity, AI/ML, climate risk and sustainability.

Liquidity Group, a credit-orientated FinTech platform, has received $775m in capital commitments led by Apollo and MUFG.

Markd has launched as an InsurTech VC and subsequently closed its $100m debut fund to fund early and growth stage startups.

Australian expenses management platform Cape has raised $33.1m in debt and equity financing following a $30m debt facility and a $3.1m equity round.