Venture capital firm Frazier Healthcare Partners has spun out a US-based antibiotics developer with the help of grant funding from a Boston University-operated body and a $8.5m series A round.

Building on research by a former University of Minnesota professor, Torigen Pharmaceuticals has begun in-veterinary testing of its immunooncology vaccine for companion animals.

Ximalaya FM and Susquehanna International Group have taken part in a $100m round to launch podcast network Himalaya, which was spun out of Ximalaya.

Danone Manifesto Ventures and ADM Ventures both took part in a series A round for the Montana State University-backed Nasa spinout, which is developing edible proteins.

Corporate venturing vehicles Danone Manifesto Ventures and ADM Ventures both took part in a series A round for the Nasa spinoff, which is developing edible proteins.

The banking software development platform received series A funding from investors including HSBC and Goldman Sachs, which co-led the round, Banco Sabadell and ANZ.

Smart home technology manufacturer Sousei Technology also collected funding from Aioi Nissay Dowa Insurance in a round that will help it deliver upgrades and additional services.

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

In-car connected technology developer Mogu Zhixing has received $120m in a Tencent-led series A round that included JD.com and Bertelsmann Asia Investments.

ClalTech has taken part in a Viola Ventures-led series A round to increase the AI-based speech translation platform's total funding to $34m.