Financial

The Mastercard and Keolis-backed transport ticketing software provider will use the capital to fuel an international growth drive.

Riverwood Capital led the banking technology developer's series C round, which came five years after its Intel Capital-backed series B.

Goldman Sachs led a round for the construction lending platform that included Canapi and Regions Bank, boosting its overall funding to $55m.

Axiata Digital will divest a 30 company-strong corporate venturing portfolio valued at $140m to Pegasus 7 Ventures, an investment firm run by one of its ex-executives.

Sports Tech Tokyo, a joint sportstech accelerator initiative between Dentsu and Scrum Ventures, has chosen the first group of startups since its launch in October last year.

The autonomous vehicle spin-off has been backed by three corporates Toyota, SoftBank and Denso that have agreed to invest $1bn

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

Shin Takano, a former director of corporate venture capital at Murata Manufacturing, has joined TIS Ventures as senior vice-president.

Yasuo Miyazawa, who had spent five years in the US as head of Nitto Denko's Nitto Innovations investment vehicle, is set to develop a similar initiative for Sekisui Chemical.

The Renren-backed online investment platform has landed $25.6m in a Loyal Valley Capital-led round, taking its overall funding to more than $100m.

Derek Norman has left Syngenta Ventures and joined Bayer Growth Ventures as vice-president, while Colin Steen has replaced him as head of the unit.