Financial

The Polish stock exchange operator is seeking a general manager for a corporate venturing vehicle it is in the process of forming.

The big data platform Databricks raised $400m reportedly at $6.2bn valuation, with the backing of Microsoft. The company forms part of the broader big data tech space, in which corporates have been heavily investing over recent years.

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

JTC Group provided $12.8m as part of a $38.5m round that will help build out the digital bank’s services and fund expansion into non-UK European markets.

Salesforce Ventures is set to exit customer engagement platform developer SessionM, which has agreed to a purchase by Mastercard.

Overstock's Medici Ventures has returned to invest in financial data management software developer PeerNova's latest round, with the proceeds to fund product development.

Ally Financial venture capital unit has contributed to health savings account provider Lively’s latest round to take its total funding to approximately $42m.

Salesforce Ventures and NAB Ventures both supplied series C funding for Athena Home Loans, which is preparing to diversify its online mortgage financing service.

Yeshiva University’s Innovation Lab accelerator has more than doubled the number participating in its latest cohort, with a number of AI-driven technologies among those selected.

The developer of non-toxic pesticides raised an $85m round backed by BASF. The deal is part of the agriculture and agtech space which is enjoying more interest from corporates this year than previously.

The insurer will ensure $20m from its second corporate venturing fund reached women-led startups, while Google and Microsoft have also launched diversity-focused initaitives.