Novo is among the limited partners for Eir Ventures, which has launched with $86m to invest in life sciences technology startups.

Eli Lilly and Horizon Therapeutics contributed to the life sciences venture firm's Forbion Growth Opportunities Fund, which will make late-stage investments.

Corporate venturing units Müller Ventures and Ringier Digital Ventures invested in an $11.5m round that will help the healthy children's food producer move into France.

Bonnier and Paltel Group are exiting Arabic audiobook platform Kitab Sawti in a cash-and-shares acquisition by StoryTel.

The database software provider has taken the size of its Alibaba and Intel Capital-backed series C round to $79m and its total funding past $125m.

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

Liberty Global Ventures and Telefónica have exited the video streaming technology developer in an acquisition of undisclosed size by Haivision.

Highland Europe led a $25.2m round for the funeral and probate services provider, which also counts Daily Mail and General Trust among its investors.

Lundbeckfonden Ventures took a board seat at VarmX as part of a $36.2m round that will fund development of a treatment for spontaneous bleeding.

Software analysis product developer LeanIX has now secured $120m altogether, Deutsche Telekom Capital Partners returning for its latest funding.