Consumer

The Alphabet-backed educational robot producer has now raised about $37m since 2012 and is preparing to make a push into the Asian market.

The Intel-backed motorcycle helmet producer has ceased operations following the CEO's departure and varying accounts of an acquisition deal by LeSports.

American Express Ventures was among the investors as the chatbot shopping startup boosted its overall funding to nearly $11m in seven months.

Rocket Internet-backed food delivery service Take Eat Easy has shut down following unsuccessful attempts at raising a series C round.

The Tyler Florence-backed organic cooking subscription service has secured $15m in a series B round featuring JF Shea to support the opening of its third distribution centre.

Taiwanese manufacturing partners AmTran and Foxconn will exit the consumer electronics producer in the deal, which LeEco hopes will enhance its business in the US.

The Rocket Internet-founded Global Fashion Group's Indian platform, Jabong, has been bought for $70m, less than two years after reported talks over a $1.2bn acquisition.

Outdoor advertising firm Focus Media plans to launch four $75m corporate venturing partnerships to invest in internet, technology, entertainment, education and travel technology.

Sega Sammy and Septeni have supported KK Fund's second vehicle, which will focus on early-stage startups across Southeast Asia, Taiwan and Hong Kong.

Channel 4's ad for equity unit, Commercial Growth Fund, was among the round's participants, joining existing backers DN Capital and Octopus Ventures.

Global Fashion Group's latest funding makes it one of several Rocket entities to have raised cash this year, but they will need to stem losses before the money tap turns off.