The furniture retailer led SoftBank-backed home furnishing e-commerce and modelling platform 3vjia's $47.7m series B round.

Rakestraw said Temasek has had an existing agriculture business area for some time but the venture capital investment was new.

The local services platform is exploring an IPO in Hong Kong at a $60bn valuation, setting up Tencent, Priceline, Xiaomi, Fosun and Wanda for exits.

Fireside Ventures has closed a $52.3m fund backed by corporate limited partners Unilever, ITC, RP-Sanjiv Goenka, Hero Enterprise and Emami.

The SoftBank-led series D round is indicative of a startup space where logistics, buying and transport are moving closer together.

Fidelity subsidiary Eight Roads Ventures has attracted $375m for a Europe and Israel-focused fund that will target enterprise, consumer, fintech and healthcare IT.