JIC has provided $28.8m for the digital consulting company, whose corporate backers include Dentsu, Digital Garage, Japan Post, Pasona, San-In Chuo, Serverworks and Yahoo Japan.

Alphabet unit CapitalG supplied $5m in a round representing the second time it has backed the online maths tutorial provider.

The ByteDance-backed learning software and tutoring services provider priced its shares in the middle of their range as it went public in the US.

Eight Roads Ventures Japan has led a $12.5m round for the employee performance management software provider, investing alongside AG Capital, Dai-ichi Life, SCSK and SMBC Venture Capital.

The internet company's $28.9m vehicle will target digitalisation technology developers focusing on the live entertainment industry.

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

Starcity’s acquisition of Aviva-backed Ollie will create what is set to be one of the largest co-living developers and operators worldwide.

Channel 4’s corporate venturing unit has joined earlier backers Sistema and Yandex to become a shareholder of the educational resources provider.

Alibaba and American Express are set to exit the subscription-based e-commerce platform, which had been valued at $600m in 2013.

The appliance and electronics retailer has spun off an e-commerce and retail services arm with external funding valuing it at $3.8bn.