Consumer

Koubei and Ant Financial joined asset manager CDH Investments for catering service provider Xiyun International's series A round.

The food and agtech accelerator has accepted an inaugural cohort of eight, with half of the intake focusing on the agtech space.

Companion robot developer Embodied, backed by Intel, Amazon and Sony, has raised $12.4m in a round with a target size of approximately $18.8m.

China-based electronics producer Xiaomi has reportedly filed for an initial public offering at a $100bn valuation in Hong Kong.

Logistics firm SF Express committed capital to freight logistics platform Flexport, which was previously backed by Bloomberg Beta and GV, among other corporates.

SoftBank is set to completely exit Flipkart as part of a deal that will value the company at $20bn, in which Alphabet is now expected to be involved.

Viking Global will take a majority stake in the cosmetics subscription service, once valued at $485m, wiping out other investors including Comcast Ventures.

Yissum, though its investment fund Agrinnovation, has contributed to a seed round for one of its portfolio companies, Future Meat Technologies.

The Qualcomm and NGP-backed electronics producer is reportedly seeking a $100bn valuation for the Hong Kong offering.

UBtech has achieved a $5bn valuation after raising $820m in Tencent-led series C round that included fellow corporates Telstra and Haier.