Stanford StartX fund named as one of the backers in $1m round for food delivery startup Farm Hill.

The juice bar chain secured a second investment by the UK bank-backed Business Growth Fund as it prepares to open another 20 branches.

The Alibaba-backed group buying company raised the cash at a $7bn valuation, and is planning to go public sometime after 2016.

The grocery delivery service's series C funding illustrates the vast sums available for companies diversifying what has become known as the Uber model into new industries.

Kevin Rose, formerly a managing partner at Google Ventures, has left the unit to focus on his startup, North Technologies, which has just raised $5m.

The Hubert Burda-backed online handmade goods marketplace has raised more than $90m in venture capital over the last decade.

Comcast has joined the backers of the same-day grocery delivery service, now reportedly valued at $2bn, as it looks to expand across the US.

The restaurant listings service, which is majority-owned by Info Edge, is raising the funding in the aftermath of its acquisition of US-based rival Urbanspoon.

The food technology company has already raised $20m from investors including Campbell's Soup, and Google is reportedly set to invest in a $100m series C round.