Tengelmann Ventures was among the participants in a $27.5m round that increased the digital wealth manager's overall funding to more than $73m.

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

Munich Re and, reportedly, Centene, have committed series C capital to Babylon Health, the developer of an artificial intelligence chatbot that diagnoses health issues.

UMI3's innovation optimiser team has moved across to the Masood Enterprise Centre alongside new recruits Fatemeh Salehi and Jacob Salder.

The autonomous driving system developer sourced commitments from corporates Toyota, BMW, Faurecia and Osram in a round led by GreatPoint Ventures.

The blockchain banking platform developer secured $14.3m in a round co-led by Sony Financial Ventures and NKB Group, and will use the cash to expand its team.

Ackermans & van Haaren and existing investor Globachem contributed to the $38.9m series C round, which will support the launch of Agrosavfe's first biofungicide product in the US.

Biopesticide developer AgroSavfe, a VIB spinout, has raised more than $38m in series C funding from investors including Qbic.

Enterprise sustainability software developer Thinkstep has been bought by risk management consultancy Sphera after raising more than $23m from investors including Siemens.

FH Campus 02 has joined regional tech transfer office WTZ Süd, bringing the latter's total membership to nine.