BBG Ventures, which was founded by AOL and is now funded by Verizon Media, is reportedly seeking external commitments for its next fund.

4Gene is advancing TUM research into exploiting plant-derived glucosides as flexible triggers for releasing flavouring and aromas.

Danone Manifesto Ventures and ADM Ventures both took part in a series A round for the Montana State University-backed Nasa spinout, which is developing edible proteins.

Smart home technology manufacturer Sousei Technology also collected funding from Aioi Nissay Dowa Insurance in a round that will help it deliver upgrades and additional services.

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

Simon Ventures-backed subscription commerce platform FabFitFun has added $80m in series A capital to its coffers nine years after it launched as a lifestyle newsletter.

Hair colouring supplier Madison Reed, which is backed by Comcast and JF Shea, is pursuing a multi-channel distribution strategy and has now racked up $121m in capital altogether.

City Football is the anchor investor in Sapphire Sport, which is also backed by SAP, Adidas, Sinclair, AEG, Major League Baseball, the New York Jets and the San Jose Sharks.

Maoyan is floating in Hong Kong at the bottom of its range, in an offering that will provide exits to Enlight, Tencent and Meituan Dianping.

Naspers subsidiary OLX has fully acquired classified listings platform Avito, six years after Naspers paid $50m for a minority stake and four after it took a majority share.