IT

Workday joined existing investor Microsoft in a round that will support the development of WorkBoard's enterprise planning software, taking its total funding to $35m.

TU Berlin spinout IPlytics has collected several million dollars from investors including High-Tech Gründerfonds to expand into the US, South Korea and Japan.

The UC Berkeley-affiliated House Fund has received a $10m commitment from Infosys on its way to a targeted close of $50m.

University of Delaware-backed science incubator Delaware Innovation Space has started a VC vehicle called First Fund offering startups up to $75,000 in convertible notes.

Infosys will contribute $10m to the second House Fund, which is targeting a $50m close to back UC Berkeley-linked businesses with a focus on AI.

The communication software developer boosted its total funding to $91m in a round that included Anschutz Investment Company.

The data centre technology developer will put the proceeds from the CUI-led round into its marketing and research and development activities.

Alex Tepper has departed from a managing director position at General Electric's corporate VC unit to take a senior managing director role at startup studio Human Ventures.

The two rivalling US-based ride hailing platforms Uber and Lyft, both counting many corporates among their backers, are preparing to float on public markets in the coming weeks, with the valuations of the two combined likely to stand well above $100bn

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

KU Leuven has generated 60 spinouts since 2000, the most of any Flemish region university, while digital-focused research centre IMinds topped the bill for Flemish strategic institutes.