Cornes has pumped more cash into Bristol's haptics technology spinout Ultrahaptics to take its total to $84.3m.

Educational toy maker Tech Will Save Us has closed a $6.7m series A round to fuel its European expansion, after M&C Saatchi had supported a first close in March this year.

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

Mitsubishi Chemical Holdings and Niantic have joined a series C round for DigiLens that stood at $25m as of May this year and already included Continental.

Tobacco maker Altria is said to be seeking an expanded footprint in the e-cigarette market through a proposed investment in Juul.

Two large and important deals above the $1bn mark in the e-commerce and e-retail space in East Asia appeared in the news last week. Both deals involved telecoms group SoftBank as a corporate backer.

The Rocket Internet-founded e-commerce group, whose investors include Tengelmann and Access Industries, could be valued at up to $2.8bn in the offering.

Alibaba-backed Babytree priced its shares at the foot of its range and will raise $217m at a valuation of $1.5bn, down from $2.2bn earlier this year.

Uniseed has upped its investment in probiotic drink maker Perkii after leading the Queensland spinout’s first $3m round in 2016.

The travel booking platform, backed by Ctrip, Dalian Wanda and Tencent, has priced shares at the bottom of its range and raised $180m in its initial public offering.