Financial

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

Fast food retailer Ajisen Ramen reinvested in the smart point-of-sale device provider in a $20m series B-plus round led by Hezhi Investment.

Schibsted has increased its stake in Bynk to 32% in a $54.4m round that included LMK Industri, and which valued the Swedish mobile lender at about $215m.

Allianz has boosted the capital reserves of digital investment unit Allianz X, whose portfolio includes unicorns G-Jek and N26, to more than $1.1bn.

Listings Ledger has spun out from the university to commercialise a real-time valuation ticker for privately-owned companies.

The CommerzVentures and Intesa Sanpaolo-backed business lending platform secured the series D funding together with some $169m in debt financing.

Commerzbank's corporate venturing unit has returned for a $33.8m round that was led by Bessemer Venture Partners and backed by several existing investors.

The business finance management app developer has secured $11.3m in a round that included Deutsche Bank and Axa, increasing its overall funding to approximately $27m.

Salesforce Ventures and GV both invested, as the business payment processing software provider took its total funding up to $123m.

The CNP Assurances-backed health insurance provider has collected $45.3m in a series B round that more than doubled its total funding.

Rabo Frontier Ventures now has $170m under management to invest in fintech and agtech developers, and will expand its focus internationally.