Rocket Internet-owned catering services provider Caterwings has paid an eight-figure sum for rival Lemoncat, which counted Rocket Internet as an investor.

Diageo has acquired a majority share of non-alcoholic spirits provider Seedlip, building on an investment from its Distill Ventures accelerator in 2016.

Former Navitas Ventures head Tim Praill has agreed to lead the global team of law firm Ashurst's recently formed open innovation unit.

Royal Vopak, Mitsubishi and Covestro helped the Erlangen–Nuremberg hydrogen storage technology spinout collect $19m in funding.

The travel services platform has secured $12.3m in its most recent round, which followed a Grupo Palau, Palladium Hotels and Sabadell-backed round 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.

Investors have provided a potentially nine-figure amount to the $561m first close of Daimler-backed FlixMobility's series F round last month.

Robert Bosch Venture Capital has returned for a $13.5m round that came four years after the diagnostic technology developer's series B.

Commonwealth Bank of Australia is among the investors in a $460m round that valued Klarna at $5.5bn post-money, following a hitherto undisclosed $100m of funding in April.

Robert Bosch led a $17.5m round for the mobility software provider that included DB Digital Ventures and Innogy Ventures, following $44m of earlier funding.