Meituan Dianping's budget hotel spinoff has secured an eight-figure dollar sum, in a round co-led by Sofina Group and GGV Capital.

Axel Johnson investment fund Novax co-led a $15.3m round for Fraunhofer Institute's vegan protein and dairy substitute developer.

RTL has paid an undisclosed amount for a 50% stake in Bedrock, the vehicle through which M6 has spun off its catch-up television and streaming services.

Mitsubishi Corporation and Dell Technologies Capital helped AI software provider Noodle.ai boost its total funding to $72m.

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

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

Blackstone is paying an undisclosed amount for a majority share in the health plan management software provider, which raised $34m from Medica in 2017.

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

George Health Enterprises and its subsidiary George Medicines have raised a combined $35m in funding from investors including Bupa Australia to drive pipeline development and commercialisation.

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