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

Tencent Industrial Ecosystem Investment fund and Langcheng Capital have co-led a round for the industrial digital transformation technology provider sized at nearly $15.4m.

The Shinsei Corporate Investment-backed small satellite engineering startup has secured commitments from new and existing investors for a round with a $20.7m target.

IP Group has returned for a $11.3m round for University of Leeds’ smoke capturing technology provider.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

DSI Underground has acquired Edvirt, a virtual reality-based training services provider backed by Chalmers Ventures.

The construction materials marketplace operator was valued at $1bn in a round featuring Sistema Asia Fund.

The 3D printing technology developer has publicly launched with funding from a consortium featuring Hypertherm Ventures.

Microsoft, Porsche and Siemens have all scored another win as Markforged pursues a reverse merger that will net it $425m in gross proceeds.

SoftBank’s robotics portfolio company Berkshire Grey has lined up a reverse merger with Revolution Acceleration Acquisition Corp and will be valued at $2.7bn.