Existing investors Discovery and Axel Springer have helped equip Group Nine Media with $50m to take the digital media group's overall funding to $190m since it was formed.

IP Group-backed WaveOptics has obtained $13m to bring its series C round to $39m as it looks to scale in its target markets and ramp up production capacity.

Julia Ognieva, who set up the LDN_LAB scheme while at Facebook, has joined accounting software provider Intuit.

Amazon Alexa Fund and Google Assistant Investments Program have chipped in for in-car game developer DriveTime's series A round.

Photo copyright services platform Binded is set to be bought by Pixsy in a transaction allowing media group Asahi Shimbun to exit.

Fantasy sports platform Dream11 is reportedly aiming to raise a round sized at $500m to be backed by several corporate investors. The company is part of the broader gaming and eSport space which has seen growth recently.

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

MobilityWare has acquired sweepstakes app developer Jump Ramp for an undisclosed sum, enabling SoftBank to exit.

The fashion-focused e-commerce and media brand raised $40m in a round that was led by corporate-backed existing investor EV Growth.

SoftBank Vision Fund, Naspers Ventures and potentially Tencent are in line to invest in fantasy sports platform Dream11 at a valuation of up to $2.5bn.