Japan Cloud Capital has received $960,000 in a round featuring railway company Tokyu that represents its maiden corporate venture capital transaction.

The $22.5m drug discovery fund is backed by University of Utah's Huntsman Cancer Institute and College of Pharmacy.

Telus Pollinator Fund for Good is equipped with $76.5m to invest in developers of technology that can promote positive social and environmental impact.

The equity crowdfunding platform developer has received $60m from newly minted strategic partner and financial services provider Orix.

Northwestern Mutual Future Ventures has reserved $20m for strategic investments in startups with black founders and formed a dedicated accelerator.

LBO France’s Digital Health 2, which has a targeted close of about $240m, has secured Orange and its Enovacom subsidiary as a limited partner.

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

Harvard University’s Wyss Institute has partnered Northpond Labs to create a research and innovation alliance equipped with $12m in funding.

Europe-wide venture firm Speedinvest has now assembled $225m for its latest fund, which will target pre-seed and seed investments.

GlaxoSmithKline's corporate venturing unit is now an independent firm with a $500m fund anchored by its former parent.