WeFit and Leflair are among the corporate-backed companies that have shut down amid Covid-19 closures.

Alphabet has contributed to a $400m for Sidewalk Infrastructure Partners, a spinoff from the conglomerate’s smart cities technology subsidiary Sidewalk Labs.

Sales engagement software provider Groove has raised funding from a consortium that includes one of its customers, Capital One.

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

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The marketing agency has partnered its ISID subsidiary to form a new open innovation arm in Silicon Valley, appointing Dentsu Ventures’ Yu Hirayama to manage the initiative.

A month after reports suggested Ninja Van had raised $124m in series D funding from several corporates, the company confirmed it actually secured $279m.

Prosus, Times Internet and Tencent-backed online education provider Byju’s is seeking up to $400m in funding at a $10bn valuation, just a couple of months after fetching an $8bn valuation.

Telstra was among the investors in a $185m series B round that brought the artificial intelligence-powered customer service technology developer’s total funding to $260m.

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