The bespoke suit maker’s three-month initiative will admit up to 15 D2C-minded startups and projects for its first batch.

UChicago’s Arts + Public Life hub has launched a shopping arcade-based retail accelerator starting with three black-owned businesses.

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

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.