The Japan-based advertising firm plans to spend about $92m on corporate venturing through 2023, having launched a unit dubbed Hakuhodo DY Ventures.

Online pharmacist 1mg has completed a series D round that reportedly valued the Intel-backed company at $200m.

Xiaohongshu, an e-commerce platform backed by Alibaba and Tencent, is looking to add up to $500m in funding to its coffers from investors including SoftBank Vision Fund.

Tiger Global-led a series B round that will enable the Recruit-backed business current account platform to expand its service and product range.

Johnson & Johnson has reinvested in the microbiome health management app developer, which has now secured $48m in total.

Grab has so far raised $4.8bn series H round, after Invesco chipped in $300m in addition to the funding provided by corporate investors like SoftBank Vision Fund, Microsoft, Toyota, Ping An and others since June last year.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Nikkei, Gree, Globis, Dentsu and Yahoo Japan have exited video streaming platform Bouncy, which has been purchased by Asahi Shimbun for an undisclosed sum.

TCL Venture Capital took part in the $14.5m series B round, which will enable F5 Future Store to expand its network of cashier-free convenience stores in China.

L’Occitane has reinvested in the online beauty product seller and services provider, taking part in an $18.8m funding round that included Tano Capital selling $4.4m worth of stock.