Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Credit Suisse has added an extra $70m to its Entrepreneur Capital fund and invested an undisclosed amount in drone developer Perspective Robotics.
Merck Group and Johnson & Johnson both invested in a $22.6m round for the autoimmune disease drug developer, six years after it was spun off from Merck Serono.
Schibsted has increased its stake in Bynk to 32% in a $54.4m round that included LMK Industri, and which valued the Swedish mobile lender at about $215m.
Tepco Power Grid and Jera, both of which represent Tokyo Electric Power, have provided $32.3m in funding for the battery storage provider.
The electricity-to-hydrogen technology developer has secured $12.4m in a round featuring Air Liquide subsidiary Aliad to fund production of its storage units.
Allianz has boosted the capital reserves of digital investment unit Allianz X, whose portfolio includes unicorns G-Jek and N26, to more than $1.1bn.
The CommerzVentures and Intesa Sanpaolo-backed business lending platform secured the series D funding together with some $169m in debt financing.