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.

Yasuo Miyazawa, who had spent five years in the US as head of Nitto Denko's Nitto Innovations investment vehicle, is set to develop a similar initiative for Sekisui Chemical.

The Renren-backed online investment platform has landed $25.6m in a Loyal Valley Capital-led round, taking its overall funding to more than $100m.

Derek Norman has left Syngenta Ventures and joined Bayer Growth Ventures as vice-president, while Colin Steen has replaced him as head of the unit.

The bookkeeping service provider increased its total funding to almost $59m with a Stripe-backed round that will support product development.

Telecoms fim SoftBank led a $300m series D round for insurance provider Lemonade, which also featured previous investors Allianz and GV.