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

M12 founding member and principal Priya Saiprasad has departed to boost venture capital firm Mayfield Fund's business-to-business investment activities.

The Hiscox-backed insurance brokerage platform has received $20m in a Menlo Ventures-led round that increased its overall funding to more than $30m.

The Mastercard and Keolis-backed transport ticketing software provider will use the capital to fuel an international growth drive.

Riverwood Capital led the banking technology developer's series C round, which came five years after its Intel Capital-backed series B.

Goldman Sachs led a round for the construction lending platform that included Canapi and Regions Bank, boosting its overall funding to $55m.

Axiata Digital will divest a 30 company-strong corporate venturing portfolio valued at $140m to Pegasus 7 Ventures, an investment firm run by one of its ex-executives.

Sports Tech Tokyo, a joint sportstech accelerator initiative between Dentsu and Scrum Ventures, has chosen the first group of startups since its launch in October last year.

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

Shin Takano, a former director of corporate venture capital at Murata Manufacturing, has joined TIS Ventures as senior vice-president.