Consumer

SoftBank contributed to a $65m round for fresh produce marketplace Frubana while KDDI invested in food ordering service Menu at a $228m valuation.

The electronics parts recycling service also known as AtRenew has filed to list in a US offering that would enable strategic partner JD.com and its JD Logistics unit to exit.

PayPal is one of 99 limited partners to have committed to the debut fund for the black entrepreneur-focused venture capital firm.

The online household items and fresh produce marketplace has sealed a $1.2bn majority acquisition by the Tata unit, enabling Alibaba to exit.

AI-based online tutor developer Riiid raised a sizeable $175m round from SoftBank. Riiid is part of the broader edtech space, which has been given much attention by corporate investors in recent years.

Lilly Asia Ventures took part in a $78m round for oncology therapy developer BH Med while gifting platform developer Snappy completed a $70m Hearst-backed series C.

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

The gamification of life continues, just updated for the modern world it seems.

SoftBank Vision Fund 2 led the e-commerce holding company's latest round, reportedly the largest series A ever closed by a US-based company.

Affirm spinoff Resolve raised $60m from investors including its parent company, while sales and marketing software provider Qualified secured $51m in a Salesforce-backed round.

Roc Nation scored an exit as the oat milk brand went public having priced its initial public offering at the top of its range.