Returning investor Legend Capital has participated in a round that valued the cross-border fashion e-commerce platform at $1bn.

The fund will back dozens of project teams each year, while giving some students and graduates a spot on its investment committee.

Epic Conjoint, This is Seaweed and Travacoin have spun into NovaUCD, the innovation hub at University College Dublin, with a view of raising $8.7m within two years.

The Sinar Mas and Yahoo Japan-backed EV Growth led the beauty e-commerce platform's latest round, which included existing backer iStyle.

The smartphone producer, which has raised $330m from investors including Tencent, Amazon, Foxconn and Access Industries, is in talks to be acquired.

Paddy Power Betfair will put up $158m in cash and its US assets to merge with fantasy sports platform FanDuel, a spinout from University of Edinburgh.

Lorna Davis, senior advisor to Danone's CEO, delivered a keynote speech through a video call on the importance its involvement in the B Corp initiative.