Industrial

GCV Powerlist member Gen Tsuchikawa on Sony and Daiwa Capital Holdings’ new investment vehicle.

Smart lock provider Latch completed a $126m round that included RxR Realty in addition to Tishman Speyer and Camber Creek, which backed the first tranche a year ago.

GMO Venture Partners returned to contribute to a $11m round for the industrial-focused e-commerce marketplace that was led by Eight Roads Ventures.

Rounds above $100m tend to be raised by companies based in the US and China. Last year we saw a record number of corporate-backed rounds.

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

Biopesticide developer AgroSavfe, a VIB spinout, has raised more than $38m in series C funding from investors including Qbic.

Honeywell and Comcast Ventures both took part in the round, boosting the total raised by the warehouse management system provider to nearly $33m.

Anil Achyuta and Andrew Maywah have left L’Oréal and Silver Tiger Capital respectively, to join TDK Ventures as investment directors.

John Du has moved to GM Ventures after a decade at parent company General Motors to oversee China-based deals.

Huayun Financial Leasing has taken part in a $145m funding round for Zhongneng United, while Five Star supplied $21.8m in series B-plus capital.

Kinectrics has bought University of Surrey's Gnosys Global in a bid to extend its global presence and unlock the potential of a combined product portfolio.