Allianz expands VC fund to $1.1b for tech, insurance investments

The Allianz SE logo sits on a top of a building in Berlin, Germany. Photographer: Krisztian Bocsi/Bloomberg

European insurer Allianz SE is increasing the size of its tech investment fund to 1 billion euros ($1.1 billion), making it one of the largest corporate-backed venture funds in Europe.

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