Consumer

The series D round included Digital Garage and reportedly valued the food distribution platform between $400m and $500m.

University endowments have backed a dollar-denominated venture capital fund from M31 Capital, whose earlier investments include Grail.

The food delivery service reportedly expects to achieve a valuation of more than $2.6bn when it floats, having secured permission for Amazon to invest earlier this year.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The Sistema-backed e-commerce marketplace has confidentially filed for an initial public offering in the US that would value it at $3bn to $5bn.

China-based education services provider Beijing Logicreation Information & Technology, which counts internet company Tencent among its backers, filed for a RMB1.04bn ($152m) IPO on the Shenzhen Stock Exchange’s ChiNext board in September.

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

Ayala has anchored the fund, while Globe Telecom also invested and helped push the fund past its original $150m target to make it the Philippines’ largest vehicle to date.

DMG Ventures has contributed to a $308m funding round that increased Cazoo’s overall funding to some $558m and its valuation to more than $2.5bn.

Tencent and Bertelsmann Asia Investments have both backed the home fitness company, which will soon launch a smart display screen for its workouts.

Alibaba, HIS and Line have all previously backed KKday, an online travel experience provider with more than 5 million registered users.