Qualcomm's corporate venturing unit will invest up to $200m in 5G-related technology developers through the newly minted 5G Ecosystem Fund.

Gastrointestinal disease drug developer Phathom raised almost $182m in an initial public offering that involved Takeda bumping up its equity stake in the company.

GSK and Merck Group-backed Progyny floated in an offering that involved the fertility benefits manager pricing its shares below their range.

Returning investor Lilly Asia Ventures contributed to a $62m series D round for contract pharmaceutical researcher Fountain Medical Development that was led by Goldman Sachs.

LivaNova participated in a series A round for Shiratronics that will fund the progression of its migraine headache treatment device toward clinical testing.

Intel Capital portfolio company Schoology has been picked up by PowerSchool, which will integrate the cloud-based curriculum management software platform with its Unified Classroom service.

Carnegie Technologies-backed music video-creation app Triller collected $28m from investors including Proxima Media to pursue growth and product development.

Sumitomo Corporation of Americas contributed to the latest round for healthcare consulting services provider Avia, which already has several care providers as investors.

Thurston Cromwell has moved up from a director of development position at Emerson to a vice-president of corporate development role.

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