Toronto's Creative Destruction Lab accelerator network will open its first UK-based location through a partnership with University of Oxford after expanding into the US with NYU in 2018.

Goldwind, Legal & General and Equinor have all taken part in the $41m first close of the solar power technology provider's series D round, taking its total equity and debt financing to more than $118m.

Goldwind, Legal & General and Equinor have all taken part in a series D that achieved a $41m first close and boosted the Oxford spinout’s total equity and debt to more than $118m.

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

Based on UCL and Bristol research, Phasecraft is a member of a UK government-backed quantum collaboration driven by both universities together with the Google Quantum AI Lab.

Presidio Ventures has reinvested in HR software developer Hibob as part of a series A-plus round that increased its overall funding to $45m.

Parkwalk Advisors has sold on most of its stake in Oxford-founded drone designer Animal Dynamics, securing a 6.9 times return.

Kasper Sage, a former BMW i Ventures principal featured on this year's GCV Rising Stars roster, was named partner at the beginning of this year.

The Africa-focused e-commerce platform, backed by MTN, Rocket Internet, Millicom, Orange, Axa and Pernod Ricard, has filed for a $100m initial public offering in the US.

Credit Suisse-backed SPF Investment Management has contributed to a $75m series B round for Pagantis, the online lender previously known as Digital Origin.