Consumer

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

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

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.

Allana Group helped the fresh food delivery service push its overall funding past the $160m mark as it sees sales substantially rise.

New retail holding company Ficus raised equity funding from EWTP Capital, which is backed by corporate parent Alibaba.

Media group Schibsted has exited the aftersales experience platform, which has been purchased by financial technology developer Klarna.

Several of the online fresh fruit and vegetable retailer's subsidiaries have filed for bankruptcy despite it raising more than $800m from investors including Alibaba and Suning.

Time-backed online marketing software producer Rokt pushed its valuation to $450m in a round led by TDM Growth Partners.

Alibaba´s financial subsidiary Ant has received approval from regulators which will allow a dual listing on the Shanghai and Hong Kong stock exchanges and enable it to raise up to $35bn at a reported valuation of $250bn.

Rabobank’s Food & Agri Innovation Fund and UPL have backed a $10.2m round for the grain storage monitor developer.

Xiaomi led an eight-digit dollar round for the social shopping guide, which will use the funding to boost its product development and increase headcount.