Asahi Kasei Ventures took part in a $70m round for food waste technology provider Hazel Technologies while Zoll Medical Corporation bought portfolio company Respicardia.

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

The insurer has made an initial $137m commitment to its newly formed Phoenix Venture Capital Partners unit, which will back ESG-minded entrepreneurs in the UK.

SafeGuard Cyber has raised $45m in a Cisco-backed debt and equity round while Pine Labs has paid the same amount to buy portfolio company Fave.

AVP Growth Fund II has secured half of its targeted close and will back early to late growth-stage developers of fintech, healthtech, insurtech and enterprise software.

Orbia Ventures led a round for the battery production technology provider that emerged out of Worcester Polytechnic Institute.

The property service platform is set to list in Hong Kong, handing exits to 58.com, Agile, Chinachem, CSC Land, Country Garden, Henderson, NWD, SHKP, Tencent and Times Property.

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

Lego Ventures has exited the student portfolio platform developer through an acquisition by recently funded Higher Ground Education.

The Axa-backed talent recruitment platform developer has secured funding in a series D round led by B Capital Group at a $1.3bn valuation.