Corporate-backed media deals topped $1bn last year and this year looks to be on track to outpace 2021.

Every day, Global Corporate Venturing rounds up the news from across the corporate innovation ecosystem.

The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.

The Global Corporate Venturing deal net rounds up the investments from across the corporate innovation ecosystem.

The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.

Alphabet subsidiary GV was among the investors participating in a series E round valuing the digital freight services marketplace at $3.8bn.

Sony and Lego owner Kirkbi each supplied $1bn in funding for the video game publisher and technology provider, valuing it at $31.5bn.

Repsol led the waste-to-biofuel technology provider’s largest round in four years and plans to collaborate with it on Iberian projects.

The sports gear retailer has disclosed its largest round was led by the NFL and included the MLB, NHL and Paris Saint-Germain, at a $27bn valuation.

Smiths Medical and WuXi AppTec are exiting infusion pump developer Ivenix in an acquisition that could reach $240m, while AI software developer Syntiant raised $55m from investors including Renesas.