The e-commerce platform is conducting due diligence for an investment that would reportedly more than double last-mile delivery service Shadowfax's valuation to $200m.

Sustainable food-focused Germi8 has been co-founded by Leave a Nest and has backing from fellow corporates Kobashi Industries and Euglena.

Insurance broker NFP's corporate venturing vehicle was among the investors in a round that will accelerate commercialisation of Hound Labs' advanced breathalyser.

Axel Johnson’s corporate venture capital arm has contributed to a $10.4m series A round for the Sweden-based digital insurer that was led by Obvious Ventures.

Bertelsmann Asia Investments and TAL Education's Good Future Education Industry Fund combined in a $27.9m round for literary education platform Hexiaoxiang.

Huohua Siwei more than doubled its total funding to $160m after attracting $85m in a round that featured an investment vehicle for Longfor Properties.

Accor, Hilton, IHG and Marriot provided a total of $50m for the event-booking management platform, which will use it to beef up engineering, sales and marketing.

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

The workspace operator has now raised more than $220m altogether, following a round featuring Equinox, TF Cornerstone and Granite Properties.

Mori Trust, Itochu and existing backers Bloomberg Beta and Rocket Internet all invested in workspace operator Knotel, which has now raised $560m to date.