Ikea holding company Ingka Investments is paying an undisclosed sum for a 49% stake in financial services provider Ikano.

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

GV returned for a $120m raised by Blockchain.com and was joined by Access Industries, days after cryptocurrency Bitcoin broke through $50,000 for the first time.

Q&A with Zoe Zhu, vice-president, Ping An Global Voyager Fund

The Medtronic-backed medical device maker has pulled in $108m in equity financing just under a year after delisting.

University of Oxford and OSI have both returned for a $95.4m series C round that also included GV and, through the conversion of a note, Eli Lilly.

GV has returned for a $95.4m series C round that also included Eli Lilly through the conversion of a $10m note secured as part of a collaboration agreement last year.

Amadeus Capital Partners has bought a stake in the Amgen and Illumina-backed company through a secondary transaction, valuing it at around $2.4bn.

The SEB-backed tranche has helped the Stockholm spinout lift the round to $13.3m, which will be used to conduct a proof-of-concept run.

Amadeus Capital Partners has bought a stake in the University of Oxford spinout through a secondary transaction, valuing it at around $2.4bn.