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

Tencent has backed another round for the bulk grocery shopping service, which also attracted China Evergrande Group and valued Xingsheng at $6bn pre-money.

GV returned for a $120m raised by Blockchain.com and was joined by Access Industries, days after cryptocurrency Bitcoin broke through $50,000 for the first time.

SoftBank has thrown its weight behind edtech developer Descomplica by co-leading an $84.5m round with Invus Opportunities.

Signite Partners said it had invested because "millions of people use Grab daily".

Spacecraft manufacturer SpaceX has pushed its valuation to $74bn, a more than sixfold increase on the $12bn it fetched when Google led a $1bn round in 2015.

The Medtronic-backed medical device maker has pulled in $108m in equity financing just under a year after delisting.

The Mouro Capital-backed developer of customer engagement technology has hauled in fresh growth equity funding from Warburg Pincus.

Tencent and its Tencent Music Entertainment unit are among the participants in the royalty attribution service provider’s latest round, four years after UMG and WMG provided seed funding.

Cambrian Biopharma has backed a round that will go toward further developing Vita’s lead candidate, VTA-110, for muscular dystrophy treatments.