Prosegur has backed the $73m first close of Adara Ventures III, which will focus on deep technology developers in the business-to-business space.

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

Dental care network Dentolo has been picked up by insurance firm Zurich roughly two years after raising $3.5m from investors including Axel Springer Plug and Play Accelerator.

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

FlixMobility has raised a reported $561m in series F funding, adding to earlier capital provided by investors including TUM-linked UVC Partners and carmaker Daimler.

FlixMobility has raised a reported $561m in series F funding co-led by TCV and Permira, securing capital for the first time since a Daimler-backed round in 2016.

Novartis, Johnson & Johnson, Verily and GSK have all returned for Medicxi’s latest fund that brought the firm’s total assets under management to more than $1bn.

Allianz, Commerzbank, Deutsche Bank and the state of Hessen have partnered the ESG motioning service through a $20m series A round.

Martin Scherrer, who started his investing career at Swiss Re’s investment arms, has joined Redstone as a Switzerland-based director.

Woodford Investment Management will auction unlisted biotech investments which include Oxford Nanopore in a process that could take three months to reach its conclusion.