Financial

FIS Fintech Accelerator has chosen 10 fintech startups to join its fourth annual 12-week program, where they will receive advice from industry experts as well as seed funding.

KDDI, Saison Ventures, SB Players and Itochu are among the host of corporate investors that backed crowdfunding platform Campfire in its $20m series C round.

SoftBank tapped its Innovation Fund to invest about $20m in the card reader developer as part of a $100m round that valued it at up to $400m.

JLL Spark has appointed Eric Wittman, former chief operating officer of Figma, as chief growth officer to help develop its portfolio of proptech startups.

Frederic Hanika, formerly head of M&A and corporate ventures at Software AG, will lead industrial IoT technology developer Wind River's corporate development team.

Equity asset management and services provider Carta has secured funding in a Goldman Sachs-backed round, at a $1.7bn valuation.

The Indonesian state-owned bank has set up a corporate venturing team and will reportedly provide $70m to $100m for investments.

Steve McGrath, who headed Shell Ventures' Asia Pacific activities for two years, has joined Mach49 as a Singapore-based managing director to help corporates in the region launch venture capital funds.

Meat substitute developer Beyond Meat, which has received backing from two corporate venturers, went public.

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

M12 founding member and principal Priya Saiprasad has departed to boost venture capital firm Mayfield Fund's business-to-business investment activities.