The ride hailing app is in advanced talks to invest $100m in the round which includes contribution from SoftBank Vision Fund and values the hotel operator at $5bn.

A round up of all the latest news on globalcorporateventuring.com for our subscribers.

Educational toy maker Tech Will Save Us has closed a $6.7m series A round to fuel its European expansion, after M&C Saatchi had supported a first close in March this year.

CV Starr and SIG were among the investors in a series B-plus round for online insurance services platform Nanyan.

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

Samsung-backed artificial intelligence technology developer Wave Computing has taken its total funding to over $200m following a $86m series E round.

University of Twente-founded MyLife Technologies will commercialise a microneedle-based dermal patch for administering therapeutic compounds.

Loyalty Prime has been backed by the VC affiliate of Technical University of Munich’s Unternehmertum as it builds the international profile of its loyalty scheme management software.

Mitsubishi Chemical Holdings and Niantic have joined a series C round for DigiLens that stood at $25m as of May this year and already included Continental.

Capital One Growth Ventures has contributed to a $6m extension that brought PebblePost's series C round to a $31m close.