Allied Minds claimed a 1.27x investment return after exiting restaurant guest engagement platform TableUp in an all-share transaction.

The 24-hour grocery chain secured the money in a series C round co-led by Tencent, the corporate investor that also led its series B early last year.

The Telstra, Softbank and American Express-backed e-commerce software provider BigCommerce floated above an expanded range.

Nestlé is the main backer of the consumer investment firm's latest fund, which has a $150m target for its final close.

Bertelsmann, Joyy and Tencent-backed group buying platform Tongcheng Life has joined forces with Suning-backed peer Lininlyi in a deal that involved a nine-figure dollar investment.

The smart home device developer has closed an American Family Ventures-backed round that lifted its overall funding to at least $35m.

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

Meituan Dianping and Bytedance were among the shareholders that committed to investing $380m in a concurrent private placement.

Naspers Ventures-backed Joymode has been saved through an acquisition by XRC Labs, having failed to scale its consumer goods rental service effectively.

Line’s on-demand delivery service has attracted $110m from BRV Capital as it merged with restaurant listings website Wongnai Media.