Consumer

In the second half of out 2020 roundup we look at growth areas including digital health and health insurance, online education platforms and financial technology.

SIG Asia-backed pet lifestyle goods provider has secured funding in a round led by ClearVue Partners with the aim of driving international expansion.

Shea Ventures is in line for an exit after the fashion e-commerce marketplace filed to raise up to $100m in its initial public offering.

The Bertelsmann and CAA-backed dog product supplier will secure a New York Stock Exchange listing and $200m in PIPE financing.

The IPO boom was helped by the emergence of Shanghai's Star market and the trend for reverse mergers, while corporate venturers were increasingly looking outwards.

Ant Group, Info Edge and Delivery Hero-backed food ordering service Zomato was valued at $3.9bn in a series J round that has reached $660m.

Ride-hailing service Uber’s Advanced Technologies Group (ATG) subsidiary agreed to merge with self-driving technology developer Aurora with Uber investing $400m in the latter.

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

The GV-backed consumer goods marketplace hit a $2.8bn valuation in a Tiger Global-led series E round, which brings its total funding to $490m.

The Recruit-backed second-hand luxury goods marketplace had added an eight-figure dollar amount to the $20m it raised last year.

The mobile commerce platform developer priced its initial public offering at the top of its range, with JD.com set to exit in the flotation.