Consumer

Direct selling company Vorwerk's corporate venturing vehicle made its second investment in Juniqe as part of the affordable art platform's series B round.

Four investments totalling $126m to be made by Michigan University's endowment are disclosed through the agenda for its Board of Regents meeting.

The cereal producer has founded a corporate venturing unit named Eighteen94 Capital that will fund food, ingredients, packaging and enabling technology startups.

Nanit has raised funding from investors including Flextronics and plans to begin shipping its advanced baby monitor in September.

Robert Bosch's corporate venturing unit recently launched a $170m third fund, and China and agribusiness startups are on the menu, according to managing director Ingo Ramesohl.

Existing shareholder Zalando increased its stake in the fashion e-commerce network, contributing an undisclosed amount to its latest funding round.

The IDG Capital-backed baby and infant product marketplace has closed its second $100m round in under 18 months, again at a $1bn valuation.

Finance for Business North East invests $173,000 in Hexislab, a company using machine learning to identify compounds for skincare.

Bed Bath & Beyond has acquired Scripps-backed home furnishings flash sales platform One Kings Lane for a sum likely to be far less than its $912m series E valuation.