
ADP, SEB, Michelin, Valeo, Accor, BioMérieux, Dassault, JCDecaux Holding, Kering and Pernod Ricard have all contributed to the venture fund’s $358m first close.
The sports content publishing platform increased its overall funding to $120m with a ProSiebenSat.1-backed round that will enable it to extend its M&A activities.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Publishing group Axel Springer's Aviv subsidiary has reportedly picked up a 20% stake in real estate marketplace Housell by leading a $13.6m round.
The venture capital firm’s inaugural early-stage fund, Crane I, has reached its $90m hard cap with contributions from LPs including MassMutual Ventures, with which it has established a strategic alliance.
Volkswagen, BMW and Folksam were among the investors in a $1bn round for lithium-ion battery developer Northvolt that will support work on its first factory.
National Grid Partners invested in sound recognition technology developer Audio Analytic's $12m series B round, which will fund product development.
Cancer therapy developer ADC has attracted $76m to extend its series E round, after AstraZeneca supported a $200m initial tranche in 2017.
Demand Analytics and Ideo-backed InFarm has landed $100m to expand its modular urban farms to retailers in the UK, US and Japan.
A range of investors have agreed to provide about $40m for the Prof-Media-backed online video host to ramp up its original content provision.