Grocery e-commerce company Picnic has raised cash in a round led by SHV Holdings' NPM Capital subsidiary and will use the funding to expand across the Netherlands.

Financial services firm Capitec Bank has made a strategic investment in consumer finance provider Creamfinance, leading a $22.9m series B round.

The industrial and consumer product maker has launched a corporate venturing arm called Henkel Ventures and expects to commit about $160m to the unit.

Tengelmann has supported a $16.2m round for insurance technology developer Ottonova, which previously attracted capital from another corporate, Vorwerk.

Fintech developer Ayondo is set to list on the Singapore Exchange at a $158m valuation, giving ProSiebenSat.1 an exit.

Six years after it spun out SAP Ventures, the enterprise software producer has formed a corporate venturing arm called SAP.IO Fund together with an incubator scheme.

The commercialisation firm has issued 7.5 million shares to raise $3.7m in fresh funds.