Marico will acquire an additional 14.5% of fitness and wellness app developer Revofit over the next year having initially invested in 2018.

Rakuten has backed a $70m round for the hotel booking platform that came less than a month after it completed a $45m series B.

Motley Fool Ventures co-led UrbanStems' series B round to bring the online florist's debt and equity financing to more than $27m altogether.

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

BBG Ventures, the female-focused venture fund formed by AOL, has set a $50m target for its third fund, the first to feature additional LPs.

Mediaset’s Ad4Ventures has contributed to an $11.2m round for kitchenware e-commerce company Springlane, almost a year after fellow CVC unit Tengelmann Ventures sold its stake.

Diageo has acquired a majority share of non-alcoholic spirits provider Seedlip, building on an investment from its Distill Ventures accelerator in 2016.

Nike has paid an undisclosed amount for retail analytics software developer Celect, which had raised $30m from investors including NGP Partners.

Facebook provided $25m for the social commerce marketplace as part of a Naspers-led round that has been set to value it at up to $650m.

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