Ensemble Innovation Ventures Fund (EIVF) will target the health and wellness space.

LightShed Ventures is raising $75m to invest in seed and series A rounds.

Dexcom Ventures will invest in glucose sensing technology and adjacent areas.

Brandon Gath, previously head of corporate development at Kraken, has been made general partner of Kraken Ventures.

Fearless Fund is a US-based venture capital firm set up to invest in women of colour (WOC).

Propel was formed by Jay Reinemann and David Mort from spinning out BBVA’s corporate venturing unit.

Chris Chai and Peter Van Vlasselaer, both former executives at SR One portfolio companies, have been hired by the GSK-backed VC firm as venture partners.

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

The vehicle charging technology developer, spun out of UC Irvine, has now raised $191m in total.

The Petco-backed pet services provider is set to be valued at about $1.6bn in a deal that will involve it listing on the Nasdaq Capital Market.