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

Axel Johnson's Novax unit has backed Uppsala University materials spinout Disruptive Materials, which last raised funding in 2016.

BioMedTech will work to establish approximately a dozen spinouts from European and American universities, with a particular focus on France.

UCD-founded wasterwater purification spinout OxyMem has been bought by DowDuPont, already one of its shareholders.

State Auto Labs Fund and returning investor Innogy Ventures contributed to a round that boosted the total raised by the data processing software provider to more than $16m.

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

On-demand logistics service Glovo's valuation has topped $1bn in a series E round that included Drake Enterprises, while Mubadala led the deal.

Prolific company builder Nathalie Gaveau has joined the US-based professional services firm’s corporate innovation and incubation division as a managing director and partner.

Medipal and Sony Innovation Fund by IGV were among the investors that boosted the liver disease drug spinout's latest round to $52.6m.

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