The smart lock provider is merging with a SPAC set up by real estate manager Tishman Speyer, an existing investor, at a $1.56bn post-money valuation.

Pidilite Industries and L’Oréal helped the consumer-focused venture firm hit a $118m final close for its second fund, surpassing its $100m target in the process.

Susquehanna International Group and Hupu returned to back a $23.2m round for the men’s grooming brand after previously supplying it with capital in 2020.

SIG and Hupu have returned to take part in a $23.2m round for the men’s cosmetics provider, having respectively backed its series A and A-plus rounds last year.

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

Rich Products, Thai Union and OurCrowd have participated in a new round of convertible note financing for BlueNalu, which is developing lab-grown seafood products.

Givaudan and Grupo Bimbo are among the limited partners in foodtech investor Blue Horizon Ventures' debut venture fund.

The corporate launched Amazon Global Selling Propel with venture capital firms and a government-backed scheme to support emerging India-based consumer brands.

Rick Prostko's roster of deals at Comcast included Identified (acquired by Workday), Dollar Shave Club (acquired by Unilever) and Instacart (now valued at $13.7bn).

Erin VanLanduit, a GCV Powerlist 2020 award winner during her time at Tyson Foods, is Cargill's new head of corporate ventures.