Consumer

Returning investor Central Group has contributed to a round that boosted fashion e-commerce platform Pomelo's overall funding to more than $83m.

Brand standardisation platform developer Akeneo took its total funding past the $60m mark with a round featuring existing backer Salesforce Ventures.

September started out with news on several life sciences companies about to go public as well as a large acquisition deal of another one of them. This space enjoyed a great number of exits last year and the trend appears on a path to be continued through 2019.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

CAA Ventures-backed department store Neighborhood Goods has added $11m of series A capital to bring its total funding to $25.5m.

Tnuva and Tempo Beverages have teamed up with OurCrowd and Finistere Ventures to launch a foodtech incubator called Fresh Start with an expected $284m in funding.

Jason Hu, who held executive roles at Cathay Capital and CDH Investments for more than a decade, has joined JD.com as head of strategic investment.

E-commerce search technology developer Syte secured $21.5m from its existing investors, which included Line, Naver and the corporate-backed KDC Ventures.

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

Consumer goods portal Zhuan Zhuan will bolster its coffers with funding from controlling shareholder 58.com and existing investor Tencent.

Huimin, an online goods and services portal targeting community-sized retailers, has now raised some $520m altogether having been backed by Fosun Capital in its latest round.