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Consumer

Wanwu Dezhi wraps up $80m series C

United Media FOFs was among the participants in the antiques e-commerce platform's fifth round, which will fund platform development and human resources activities.


Nov 4, 2020

Dr Oetker decides on billion-dollar Flaschenpost purchase

Corporate venturing vehicle Vorwerk Ventures is exiting beverage delivery provider Flaschenpost in a $1.16bn acquisition by Dr Oetker.

Nov 3, 2020

Xunshi punches through series C round

The 3D-printed product supplier raised an eight-digit dollar amount in a round featuring Chinese Academy of Sciences.

Nov 3, 2020

Nestlé nets Freshly in $950m deal

Nestlé bought the healthy meal kit delivery service three years after leading its series C round, in a deal that could reach $1.5bn with earnouts.

Nov 2, 2020

PetLove merges with DogHero

SoftBank-backed pet product retailer PetLove is joining forces with pet services-focused DogHero, which counts Rover among its investors.

Nov 2, 2020

Europe cuts planned innovation council budget

Expected budget for European Innovation Council of €3.5-4bn to entrepreneurs less than planned €10bn over the 2021-2027 period

Nov 1, 2020

Marui recruits Samurai Incubate for pitch contest

Marui Co-Creation Pitch 2021 will be made up of early-stage developers of sustainability, customer service and inclusive finance technology and products.

Oct 31, 2020

Aucfan-backed Hipflat exits to Dot Property

In 2017, property listing startup Hipflat raised an undisclosed amount from Japan-listed internet company Aucfan

Oct 30, 2020

Corporate venturing deal net: 26-30 October 2020

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

Oct 30, 2020

Dmall demonstrates strength to raise $419m

Tencent, Hengan International and Lenovo Capital helped the offline-to-online retail platform's series C round, which will fund research and development work.

Oct 30, 2020

TPB backs Dosist with cash and distribution

Turning Point Brands has supplied $15m for cannabinoid health product developer Dosist through a co-development and distribution pact.

Oct 29, 2020

The Engine shifts into $230m second fund

MIT has put $35m into The Engine's second fund – up from its $25m commitment to the first fund – and has been joined by Harvard as a new LP.

Oct 28, 2020
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