Consumer

Amazon Alexa Fund made its second investment in the smart thermostat developer, which has now raised $146m altogether.

The pet food and health product maker has formed a corporate venturing fund called Companion Fund and an accelerator dubbed Leap.

Salesforce is expecting to exit the file storage and sharing platform Dropbox, which filed for an IPO after having raised more than $1.7bn in debt and equity financing.

Augmented reality technology developer Magic Leap closed a series D round at over $960m, featuring a host of corporate investors like Google, Alibaba, Axel Springer and Grupo Globo.

Just ahead of our first ever Global Corporate Venturing Israel event in Tel Aviv this week, we are offering our readers a brief data overview on the innovation scene in Israel which has managed to attract corporate venturers from around the globe.

Existing investor Hearst Ventures returned to back the home design platform's latest round at a $600m post-money valuation.

Chorus, which had raised seed capital from Chernin Group and UTA Ventures, has elected to shut down its group fitness app shortly after its launch.

The BeeEdge accelerator, formed by Panasonic and Scrum Ventures, will launch startups based on underutilised Panasonic technologies.

Existing investor Qualcomm Ventures has contributed to a $6.2m round for the online ticketing platform that will support partnerships and acquisitions.

Zomato has received $150m from Alibaba's financial services affiliate, which also bought $50m of shares from classified listings operator Info Edge.