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

General Electric had considered spinning out its corporate venturing operation, but has now shifted its focus to finding a buyer for a portfolio consisting of stakes in more than 100 companies.

KDDI and SMBC have returned to back a $10m round for artisanal e-commerce platform Creema alongside fellow corporates Japan Post, Mixi, SBI and Mitsui Fudosan, almost doubling its overall funding to $21m.

Lumar-backed social shopping app Depop has received $62m in a series C round that will fund the company's expansion in the US.

Peloton has confidentially filed for an initial public offering in the US that would follow $995m of equity funding and provide exits for Comcast and Grace Beauty.

The daily grocery delivery service has now raised about $28m to date, securing $10.5m in a Unilever Ventures-led round.

SoftBank is in advanced negotiations to provide $300m to $500m for the food delivery platform's second $1bn round in the space of a year.

Rocket Internet, Access Industries and Tengelmann-backed fashion e-commerce marketplace GFG could float in Germany next month.

The second-hand luxury goods marketplace has set down a $100m target for an initial public offering that would offer an exit for Novel TMT Ventures.

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