University of Southampton spinout Exosect has been put up for sale by Hilco Streambank in an effort to salvage the pest and disease control technology producer.

VTT Ventures has supported a $13.7m series A round for the institute's spinout Dispelix, which is working on see-through displays.

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

Mondelēz International has hired Mel Gaceta, a Motorola and US Cellular alumnus who was most recently managing director of Synchrony Ventures, to head its newly formed CVC unit.

Pizza delivery service and food logistics developer Zume could also raise another $375m from SoftBank Vision Fund at a post-money valuation of $2.25bn.

FinUp has returned to lead a $70m series C round for Akulaku, whose other existing shareholders reportedly include Legend Capital.

Prosiebensat.1's SevenVentures unit joined fellow existing investors Vattenfall and Rocket Internet to invest $11.3m in smart home product supplier Tink.

The smart garden technology developer has reeled in $11m to fuel international growth in a round featuring Ikea parent Ingka Group and Groupe SEB subsidiary SEB Alliance

Japanese entertainment producer Sega Sammy has assembled a $20m fund that will be managed by existing partner Fenox Venture Capital.

Rogue Venture Partners, whose largest limited partner is Oregon State University, has led a $3.7m funding round for Lensabl.