IT

In addition to launching a corporate venture capital fund, Daikin has inked a deal with University of Tokyo to drive the formation of spinouts.

Daikin Industries has allocated $100m to a corporate venturing fund that will back startups internationally over a five-year period.

DotData has brought its total equity financing to $43m after adding $23m in series A funding to its coffers thanks to investors including NEC.

SoftBank invested $655m in supply chain finance provider Greensill. The deal is part of the burgeoning alternative lending space within fintech.

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

The IoT platform developer almost doubled its overall funding with a series C round co-led by returning investor Qualcomm Ventures.

Adler-Chomsky-backed Namogoo has developed a cybersecurity software platform that prevents unauthorised ads popping up in the online purchase process.

Citi Ventures contributed to a late-stage round that will support the upgrading of data integration platform developer Datameer's sales and engineering resources.

The Southeast Asian venture firm has reached the final close of a third fund, in which Cisco Investments is among the limited partners.

The cloud networking services provider increased its overall funding to $76m in a round that included existing investor Liberty Global Ventures.