Volkswagen has joined Ford as a shareholder in Argo AI, following a $2.6bn commitment of capital and assets that values the self-driving system maker at more than $7bn.

Matterport is set to buy the special effects software developer for an undisclosed amount, handing exits to SoftBank and Dentsu.

Messaging platform Snap has chosen 10 digital content and story-sharing platform operators to take part in its in-house accelerator program.

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.

Signavio has raised $177m in equity financing from Deutsche Telekom Capital Partners and Apax Digital to further develop its business process management software.

Tal Education Group, which contributed to Minerva’s series B round five years ago, has returned for a series C led by Bytedance.

Dentsu was among the backers of a $20m series E round for NewsCred, which has now raised more than $100m from investors also including Verizon and Digital First Media.

Node is developing artificial intelligence technology that helps companies identify business opportunities and has raised $16m from MS&AD, JetBlue and others.

Rosalind Franklin University has kicked off a bioscience incubator by welcoming its first two residents, while also announcing the appointment of Rosalind Franklin as its president and CEO.