The WME-backed beauty product brand raised the funding in a Sequoia Capital-led round, at a $1.2bn valuation.

Hanwha's investment management arm has joined VC firm Golden Gate Ventures for a series B-stage fund that has already raised $80m.

Flexible display manufacturer Royole is seeking $1bn in funding as it prepares for an initial public offering that could provide an exit to Yuexiu Group.

Tencent and Meituan Dianping-backed consumer goods trading platform Yijiupi has added $100m from Warburg Pincus to its coffers in a series D-plus round.

Lawson and T-Gaia corp co-led the series B round, with the Japanese fashion marketplace to use the cash to expand in Southeast Asia

Scythian Biosciences-backed cannabis facilities operator Verano has agreed to an $850m acquisition by Harvest Health and Recreation in an all-stock transaction.

The Africa-focused e-commerce platform, backed by MTN, Rocket Internet, Millicom, Orange, Axa and Pernod Ricard, has filed for a $100m initial public offering in the US.

The cross-border e-commerce platform has completed a $59.5m series C round led by the Alibaba-headed Electronic World Trade Platform, boosting its total funding to about $85m.

Tobacco maker JTI and Plug and Play have launched an accelerator to back 20 startups each year that are developing vaping technology.

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