Start-up funding

Connective Capital, which debuted this month, has raised $35 million to back technology startups trying to detect, prevent or manage the spread of wildfires.

There were six rounds of more than $20 million in funding, and 11 seed rounds. 

The Columbus, Ohio-based VC is bullish on the midwest being the next startup hub.

There were 27 rounds in the month.

Krishnamurthy says insurers are acknowledging the staying power of insurtech and its valuable ability to disrupt the insurance industry.

Pilot Co., which is owned by Berkshire Hathaway, agreed to take a stake in Kodiak Robotics Inc., a driverless truck startup.

Erie Strategic Ventures will primarily focus on early-stage North American-based companies.

Each startup receives $100,000 investment and works with gener8tor, Allianz Life and Securian Financial during the three-month program.

There were 33 rounds in the month.

More news: MassMutual on iPipeline’s iGO and Neptune Flood partners with SIAA.