Consumer

Lilly Asia Ventures took part in a $78m round for oncology therapy developer BH Med while gifting platform developer Snappy completed a $70m Hearst-backed series C.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The gamification of life continues, just updated for the modern world it seems.

SoftBank Vision Fund 2 led the e-commerce holding company's latest round, reportedly the largest series A ever closed by a US-based company.

Affirm spinoff Resolve raised $60m from investors including its parent company, while sales and marketing software provider Qualified secured $51m in a Salesforce-backed round.

Roc Nation scored an exit as the oat milk brand went public having priced its initial public offering at the top of its range.

IP Group is exiting the diffractive waveguide producer in a cash-and-share purchase by Snap.

The Lund research-based oat milk brand has floated in a $1.43bn IPO on the Nasdaq Global Select Market after pricing shares at $17.

Crop monitoring technology developer Prospera is to be acquired by Valmont Industries in a $300m deal, giving exits to Tekfen Ventures, Cisco Investments and Qualcomm Ventures.

DMG Ventures has co-led a funding round for Factory14, which is looking to become a holding group through acquiring smaller startups.

SoftBank has led the series E round, doubling MIT Media Labs spinout Formlabs’ valuation to $2bn in the process.