IT

Corporates Tencent and SoftBank invested in a $2.41bn round raised by real estate platform Beike Zhaofang at a reported $14bn valuation. The transaction is part of the broader real estate tech space which has seen a surge in valuations in recent years.

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

Robert Bosch Venture Capital has exited Modcam after investing $600,000 in the computer vision sensor developer in 2015.

Blue Cloud Ventures and Stereo Capital co-led a series D round for the Sonae-backed cybersecurity services provider, pushing its total funding past the $150m mark.

VC fund 01 Advisors chipped in $14.5m to extend the corporate-backed IT management software provider's latest round to $39.5m.

Juniper Networks, Intel and IBM returned for a round led by Dell Technologies Capital that took the application development platform's total funding to $77m.

Imperial College London has opened a new funding stream for its early-stage research with the launch of its Parkwalk Advisors-managed Innovation Fund.

Fibre optic networking technology developer Elenion Technologies has agreed to be sold after receiving a strategic investment from Koch unit Molex Ventures two years ago.

UMC Capital is set to exit data storage platform developer SwiftStack in an acquisition by Nvidia six years after the company's most recent funding.

The event data platform developer has been acquired after raising $30m from investors including Hewlett Packard Enterprise's Pathfinder unit.

Alphabet’s self-driving car developer Waymo raised its first external funding in a round backed by its parent company and two other corporates.