BMW, Jaguar Land Rover and Porsche all backed a series B round for the roadside assistance app developer, whose early investors include Verizon, Allianz and ATD.

The blockchain technology developer will use the proceeds from the Nasdaq Ventures-led round to commercialise its platform for mortgages, private equity and syndicated loans.

WarnerMedia Investments, the corporate venturing unit formerly known as Time Warner Investments, has reportedly shut while managing director Allison Goldberg has left the company.

UNL spinout Drone Amplified has devised a drone that conducts fire management stress tests on parklands by dropping small combustible balls filled with glycol on targeted pieces of land.

You & Mr Jones has contributed to Beeswax's series B round, which increased the bidder-as-a-service technology provider's total funding to $28m.

Narbe Alexandrian, previously vice-president of business development at Canopy Rivers, has been promoted to president.

OSU-founded cybersecurity business DatAnchor has officially launched with an undisclosed sum from the multi-university-backed Ohio Innovation Fund, and Dundee Venture Capital.

Raja Doddala, formerly head of TIAA’s B2B digital team after co-founding CVC unit 7-Ventures, has been promoted to lead the company’s fintech strategy and development.

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

GE Ventures is reportedly being considered for a spinoff as part of an ongoing, wide-ranging reorganisation of General Electric.