The tea product supplier has become the fourth business backed by University of Maryland Momentum Fund.

The car retailer invested $50m to lead Vroom's series G round, becoming its first corporate backer and helping increase the online car retailer’s total funding to $440m.

The fashion e-commerce platform has agreed to buy Stadium Goods less than two years after its $4.6m series A round, handing exits to LMVH and Chernin Group.

SoftBank Vision Fund and Alibaba have co-led a $1.1bn round for the e-commerce marketplace that also featured Softbank Ventures Korea.

Airbnb and Slack are considering following in the footsteps of Spotify by exploring a direct listing rather than going the traditional route through Wall Street.

The smart device developer, which counts SEB and Xiaomi as backers, has raised tens of millions of dollars in its third funding round this year.

Cosmetic brand L'Oréal's Bold Business Opportunities for L’Oréal Development has already made its first investment, in online fragrance creator Sillages Paris.

HomeToGo has acquired Recruit-backed holiday home rental platform Tripping for an undisclosed sum, while also raising an amount likely to be about $120m.

Alcoholic beverage producer Constellation Brands plans to provide $100m for female-led companies through its newly formed Focus on Female Founders initiative.

The fruit and vegetable-focused social commerce platform was incubated by MissFresh and has just raised $100m in an SIG-backed round.