Consumer

Red Star Macalline and Bertelsmann-backed grocery delivery service secured funding in a series D round co-led by DST Global and Coatue.

AST SpaceMobile, which exploits research conducted at University of Maryland, has gone public through a reverse merger with New Providence Acquisition Corp.

Stanley Ventures participated in a series A round for Bartesian, which has created an intelligent cocktail maker and which is backed by Beam Suntory.

Delivery Hero's DX Partners was among the investors in a series A round that will support the coffee retailer's Asian expansion.

Prosus Ventures reinvested in the food delivery app developer at a $5bn post-money valuation, pushing its overall funding past $2.4bn.

The social commerce platform developer upped its valuation to $2.1bn in a round led by SoftBank Vision Fund 2 that included Facebook and Prosus Ventures.

SoftBank Vision Fund 2 led the customer loyalty platform developer’s latest round, which valued it at over $1bn.

Vertical take-off and landing jet developer Lilium went public by joining forces with Nasdaq-listed SPAC.

Each week the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Several investors exited the SoftBank and Mahindra-backed, infant-focused e-commerce platform in a primary and secondary round valuing it at $2bn.

The Amazon and CAA-backed home fitness technology provider was valued at $1.6bn in a series E round that took its total funding to $450m.