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

Hitachi will begin investing through the newly formed Hitachi Ventures in June, and the unit’s CEO will be ex-3M New Ventures president Stefan Gabriel.

Shin Takano, a former director of corporate venture capital at Murata Manufacturing, has joined TIS Ventures as senior vice-president.

The internet-of-things security software provider increased its funding to $45m altogether, with Dell, NTT Docomo and MS&AD Holdings all investing in the series B round.

BASF Ventures is among the LPs for the second fund to be formed by the agriculture-focused venture capital firm, whose first fund was anchored by Godrej Agrovet.

Yasuo Miyazawa, who had spent five years in the US as head of Nitto Denko's Nitto Innovations investment vehicle, is set to develop a similar initiative for Sekisui Chemical.

The Renren-backed online investment platform has landed $25.6m in a Loyal Valley Capital-led round, taking its overall funding to more than $100m.

SBI Investment led a $17.2m round that will enable the online healthcare platform developer to expand its hospital network in India.

Tencent took part in an $18.6m round that will enable the game-focused influencer marketing platform to hire additional content producers.

Line Ventures, Singha Ventures, Grab Ventures and SMDV contributed to shopping delivery platform HappyFresh's latest round, which was led by Mirae Asset-Naver Asia Growth Fund.