IT

SoftBank emerged in the news last week with its sizeable bets in the equity derivative markets in the US. Despite some recent challenges, the telecoms conglomerate has been very active in large venturing deals this year as well.

Black Founders Development Fund will make early-stage investments to drive Accenture Ventures' engagement with black entrepreneurs.

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

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

IBM has hired former Accenture Ventures senior principal Pramila Mullan as partner and director of ecosystems and ventures.

Huawei’s venture capital arm Hubble Technologies is in line for an exit less than nine months after it invested in fabless semiconductor maker 3Peak.

Alphabet and Salesforce-backed software debugging tool provider Snyk has now raised $452m in funding altogether and pushed its valuation to more than $2.6bn.

The Intel-backed customer experience platform developer was valued at $2.7bn in an investment secured alongside $150m in convertible securities.

Fluke has added funding to the IIoT sensor developer's ABB-backed series C round, which has a $35m target for its close.

A range of corporate LPs made commitments to the third vehicle raised by the US and Japan-focused venture firm, which has reached a final close.

Beenos was among the investors in a $39.5m round for the traveller data analytics provider that was led by Cool Japan Fund.