Proceeds from the series round, which was co-led by Intel Capital and National Grid Partners, will fund the development of Pixeom's edge computing software platform.

The Max Group and TVS-backed beauty product retail platform has reportedly increased its valuation to $724m in an investment by TPG Growth.

Managed cloud services provider Faction has raised new funding from a consortium of existing investors including Dell Technologies Capital.

Self-storage service MakeSpace is targeting $30m for its latest round having already secured funding from new strategic partner Iron Mountain.

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

Salesforce and SBI co-led a $50m round for the identity verification provider that included Microsoft and CreditEase, valuing it at about $250m.

Sinopharm Capital helped supply funding to orthopaedic-focused device maker Suzhou and Science Technology Development, with the latter eyeing new products in areas including sports medicine.

Cloud payment software producer Bill.com raised the cash at a valuation of more than $1bn, securing investments from Mastercard and Fleetcor in the process.

NTT Docomo Ventures and Novel TMT invested in the inventory management technology provider as it gears up to commercially launch its first product.

Intel's corporate venturing vehicle has announced participation in 14 funding deals and backed non-profit organisation HBCU.vc.