Naspers subsidiary OLX has fully acquired classified listings platform Avito, six years after Naspers paid $50m for a minority stake and four after it took a majority share.

Just Eat has purchased the remaining shares of portfolio company Flyt for $28.8m, while fellow corporate Time Out recorded a $12.6m return.

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 Lund University research, group B streptococcus vaccine developer Minervax has now raised $11.4m from investors including Novo.

Hearst Ventures invested in Geophy as the commercial real estate appraisal platform eyes expansion in the US, Europe and Asia Pacific.

Candy Ventures has reportedly agreed to buy the Qualcomm-backed AR technology developer just weeks after it fell into administration.

ETH Zurich-founded smart logistics spinout Nexiot has won backing from Credit Suisse and Die Mobiliar Versicherungen as it aims to secure additional international business for its products.

ETH Zurich-founded smart logistics spinout Nexiot has won backing from Credit Suisse and Die Mobiliar Versicherungen as it aims to secure additional international business for its products.

Engineering and 3D design product firm Ansys has bought Cambridge-founded Granta Design and will offer the company's materials information products to its customers.

Online investment adviser Nutmeg has secured $58.3m in a round co-led by Goldman Sachs Principal Strategic Investments and existing backer Convoy.