Wilhelmsen and HHLA.Motion have helped maritime-focused venture firm Motion Ventures reach the first close of a fund with a S$30m ($22.8m) target.

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

Eneco is set to exit virtual power plant operator Next Kraftwerke in an acquisition of undisclosed size by Shell.

Ringier Digital Ventures helped provide $16.6m for the car subscription service, which has now secured more than $83m in total.

IP Group has returned for a $11.3m round for University of Leeds’ smoke capturing technology provider.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Cambridge Enterprise helped fill out a series A round for the battery technology developer that was led by IQ Capital.

DSI Underground has acquired Edvirt, a virtual reality-based training services provider backed by Chalmers Ventures.

University of Cologne’s virtual power plant operator Next Kraftwerke has agreed to an acquisition of undisclosed size by Shell.

BP Ventures, Drax and IP Group have all returned to back a $11.3m round for the smoke capturing technology provider.