Korean game studio Nexon has increased its stake in the cooperative action game developer to more than 66%, having invested $41m in the startup late last year.
The Japan-based advertising firm plans to spend about $92m on corporate venturing through 2023, having launched a unit dubbed Hakuhodo DY Ventures.
Ally Financial has once again invested in Hearst Ventures-backed video streaming technology provider MobiTV, which has now raised about $215m in total.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Nikkei, Gree, Globis, Dentsu and Yahoo Japan have exited video streaming platform Bouncy, which has been purchased by Asahi Shimbun for an undisclosed sum.
Coil has invested $20m in Imgur, the image sharing platform that previously collected $40m from Reddit and Andreessen Horowitz in 2014.