Consumer

The children's educational product developer secured $93m in a round co-led by Legend Capital, which had also co-led its December series A.

Q&A with Tony Tung, managing director, Gobi Partners and Alibaba Hong Kong Entrepreneurs Fund

LVMH has reinvested in the fashion e-commerce platform developer at a $700m valuation, pushing its overall funding past the $200m mark.

Human resources software provider Legion and edge cloud services provider Zenlayer each received $50m while Intel is exiting Sedona Systems in a $100m acquisition.

SoftBank Vision Fund has led the digital grocer marketplace’s series D-plus round, which brought its total funding past the $1bn mark.

The second-hand fashion marketplace has now raised over $560m in total, with Burda Principal Investments returning for its series F round.

Bertelsmann helped crypto financial service provider Babel Finance close a $40m series A round while Blind raised $37m from investors including Cisco.

Kakao has agreed to acquire portfolio companies Tapas, for $510m, and Radish, for $440m, as it looks to strengthen its recently merged entertainment subsidiary.

The GV, Louis Dreyfus Company and Emart-backed food development platform creator is pursuing a reverse takeover at a $1.35bn valuation.

The e-commerce software provider received funding in a round led by Sinar Mas subsidiary SMDV at a reported $116m valuation.

Legend Holdings' Legend Star unit led a round for optical chip producer Turing Quantum sized above $15m while several Japanese companies also raised money.