Immunometabolic drug developer Sitryx has closed a series A round featuring GlaxoSmithKline, after taking part in the latter's Immunology Network initiative.

The insurance software provider has added funding from investors including Sompo, XL Catlin, Munich Re, Grupo Sura and JetBlue to close its series A round at $31.6m.

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

Stanford-StartX Fund has invested in childhood development app creator Kinedu, which counts childcare provider Advenio among its early backers.

Kellogg-backed in-car product sampling service Cargo has raised $22.5m according to a regulatory filing, nine months after closing its seed round.

Existing investor Takeda Ventures was among the participants in a round that valued the cancer therapy developer at approximately $100m.

Partly based on Columbia University research, Modis is advancing treatments for rare diseases caused by dysfunction in cellular mitochondria.

Cambridge Enterprise, CIC and Parkwalk have returned to back locational data technology spinout PervasID as the business targets further growth in healthcare, retail and security.

The cross-border e-commerce platform raised $14.6m in a Taofen8-led round that included Santuo Investment Management and Ningbo Municipal Government Angel Guidance Fund.

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