The commercialisation firm will pay its maiden dividend after achieving net portfolio gains of 22% and a 140% increase in cash realisations.

Pegasus Tech Ventures will manage a fund that will help television shopping operator Japanet build Stadium City in Nagasaki.

The $126m first close of Ascent Fund II comes after BCG-backed B Capital secured $820m for its second growth-stage fund last year.

The pharmaceutical firm is joining forces with China International Capital Corporation, the investment bank with which it launched a $1bn fund in 2019.

ByteDance and Ant Group helped the venture fund, managed by DeePhi founder Yao Song, reach a $30.9m close.

Tsinghua Holdings has helped the venture fund, managed by DeePhi founder Yao Song, reach a $30.9m close.

Ascension Ventures has closed its fifth fund at $285m with the backing of 13 health systems.

AM Ventures has added KGAL and its management team as shareholders as it seeks to double the $59.5m it has raised for its latest fund.

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

The cryptocurrency services and product provider will make strategic investments at seed or series A stage through the newly formed Crypto.com Capital.