Expected budget for European Innovation Council of €3.5-4bn to entrepreneurs less than planned €10bn over the 2021-2027 period

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

BHL Holdings and Concentric both contributed as business insurance provider Superscript pushed its overall funding above $24m.

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

The angel investment firm, which focuses on University of Oxford-linked businesses, has raised an undisclosed amount towards the $5m target for its second fund.

The Adevinta-backed online property marketplace has secured debt and equity financing in a round led by real estate investor NREP.

ABB's restructuring drive has created a new role for Malin Carlstrom as head of ventures, ABB Electrification

GMG Ventures came onboard for the market research provider's series B round, which was led by venture firm Lakestar.

Atresmedia, Adevinta Ventures and Toyota AI Ventures helped the car rental subscription service boost its overall funding to nearly $23m.

Eli Lilly has reinforced its partnership with the life sciences-focused venture firm, contributing to its TVM Life Science Innovation II vehicle.