Schroder UK Public Private Trust, the rebranded fund previously led by Neil Woodford, has sold its shareholding in Carrick Therapeutics at a discount.

The Tencent-backed online sports app operator’s latest secondary round valued it at nearly $5bn, though the identity of the sellers has not been disclosed.

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.

AstraZeneca likely received over $1bn from selling its shares, having invested $140m in the publicly listed covid-19 vaccine developer in 2015.

The round consisted of a primary and secondary transaction and the latter allowed Xiaomi to fully exit the company and Kunlun to reduce its shareholding.

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

Banco Sabadell looks likely to have exited the digital signature software provider after Providence Equity Partners bought a majority stake.

Mitsui and Virgin-backed remittance service TransferWise has bolstered its valuation to $5bn, up from $3.5bn, through a $319m secondary share sale.

A vehicle for conglomerate Yoma Holdings is reportedly investing $76.5m in a deal that will give it a majority stake in Wave, which is also backed by Ant Financial.

Xiaomi has invested about $103m in a cash-and-shares deal that involved it increasing its stake in the power bank provider to almost 50%.