The HVAC control system provider has agreed to a purchase by ABB that will allow ESB Novusmodus Fund to exit six years after its investment.

Venture firm Innovestor has raised $32.6m from LPs including existing backer Mandatum Life for the first close of an industrial tech fund.

Programmatic marketing platform developer Mediasmart has agreed to an acquisition after raising at least $4.1m from investors including Mobile Dreams Factory.

Eli Lilly and WuXi AppTec contributed to what was reportedly a down round for T-cell oncology treatment developer Immunocore following a $320m raise in 2015.

Cambridge Consultants has reinvested in gene synthesis platform developer Evonetix, helping it increase its lifetime funding to $46m.

The corporate has expanded its share in online IT and design university operator Skillbox after two investments in the company in 2019.

Returning investor Lloyds contributed to a round that will support the banking software provider's ongoing growth in the Asia Pacific region.

Anthemis has secured $90m from limited partners including Aflac, Nürnberger and Sumitomo Life for an insurance-focused fund that will invest at late stage.

CommerzVentures led a $13.5m second close that pushed the insurance processing software developer's overall series A funding to $35.5m.

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