Consumer

Bilibili’s esports spinoff has secured $27.8m through a round led by the corporate-backed Zhejiang Chuangxiang Culture Fund that included B-Ray Media.

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

The JF Shea-backed social commerce marketplace priced its shares above the range in an offering valuing it at about $3bn.

Weber has bought the smart oven producer, one of its portfolio companies, in a deal that allows Amazon Alexa Fund to exit.

The newly formed DX Ventures starts with more than $60m and nine portfolio companies under managing director Duncan McIntyre.

Rich Products Ventures has helped the meal delivery service secure $10.3m to hike its overall funding to $26m.

Group buying service Xingsheng Youxuan raised the money at a $5bn valuation and has reportedly secured upwards of $1.8bn in the past 18 months.

CyberLink has reinvested in the beauty product sampling service through a series C round that was led by Goldman Sachs.

The furniture-focused e-commerce platform secured the funding in a round co-led by SoftBank as it looks to expand its physical footprint and launch own-brand products.

Business-to-business (B2B) e-commerce marketplace Udaan extended its series D round with a $280m tranche, featuring Tencent. The company is one of the comparatively few B2B e-commerce deals we have reported, despite the relative size and importance of the B2B in it.

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