Air Company, Ionomr Innovations and Versogen were selected to participate in the Shell-backed accelerator initiative’s latest cohort.

Krafton has invested $22.5m in the esports event promoter, which counts Nazara as its majority shareholder.

Deutsche Telekom-backed DTCP was among a group of investors that acquired a $270m stake in the cybersecurity management platform developer in a secondary transaction.

The Didi Chuxing and Daimler-backed on-demand ride provider has pulled in $23.8m from IFC, three months after raising money at a valuation topping $4bn.

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

Arise Industrial Services paid $12m for a 35% share of the carbon emissions certificate provider, valuing it at $34.5m.

Reliance paid $26.8m to gain majority control of the passive magnetic levitation and propulsion technology developer and now owns 54.5% of its shares.

The pension fund will pay an undisclosed sum for a 2% stake in API Holdings, the owner of online drugstore PharmEasy backed by Ascent Health and Medi Assist.

The Hakuhodo DY, Ricoh Leasing and Orix-backed B2C e-commerce payment service has received $56.4m from JCB at a $551m valuation.

Estée Lauder Companies has hiked its stake in the skincare product maker to a majority share, having first invested four years ago.