Mapúa University has secured Philippine government support to set up the second of the Technology Licensing Office, the second of three planned tech transfer and innovation departments.

The artificial intelligence-powered driverless vehicle technology developer has received $14.8m in a TransLink-led series B round, which included Hyundai Group.

Honda, Panasonic and Omron are among the limited partners of NordicNinja VC’s inaugural fund, which has identified several university ecosystems in northern Europe as offering opportunities.

Honda, Panasonic and Omron are among the limited partners of NordicNinja VC’s inaugural fund, which will focus on deep tech and help northern European startups expand into Asia.

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

Fast food retailer Ajisen Ramen reinvested in the smart point-of-sale device provider in a $20m series B-plus round led by Hezhi Investment.

Johnson & Johnson, Takeda, Chong Kun Dang and Handok were among the participants in a series B round expected to advance acne and IBD drugs into the clinic.

Ant Financial has joined existing investor Legend Holdings in a series B-plus round that adds tens of millions of dollars to the car leasing platform provider's overall funding.

Mofang Apartment has tapped its investment unit to invest in the 58.com-backed apartment rental platform operator's $29.7m series B round.

The round consisted of two tranches, led by Hillhouse Capital and Sequoia Capital respectively, and pushed Aria Group-backed Lalamove’s total funding to $460m.