Consumer

Special report: pandemic has boosted venture dollars across health AI

The Vietnam-focused venture firm’s maiden fund has attracted commitments from limited partners Naver, Sea and Woowa Brothers on the way to a $50m target.

Xiaomi was among the participants in a round sized at approximately $14.6m that was led by venture capital group IDG Capital.

After the announcement of Warren Buffett’s bet on Japan’s largest trading houses, we take a brief look at how they have been doing on the corporate venturing arena.

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

Food delivery service Zomato, whose shareholders include Uber, Info Edge, Delivery Hero and Ant Financial, reportedly raised the capital at a $3bn valuation.

Ingka Group returned to help the home renovation service secure series D funding from new and existing investors that will support a hiring initiative.

Al Faisaliah-backed affordable e-commerce platform developer Awok has confirmed it has ceased operations, less than 18 months after a $30m series A round.

Danone is the largest investor in Laird having closed a $10m investment in the plant-based superfood brand earlier this year.

NewSpring Growth led a $38.5m round for the second-hand fashion marketplace that follows a strategic investment by Neiman Marcus last year.

Pistor-backed organic grocery distributor Farmy has secured $10.9m that will help it expand its distribution, warehouse and marketing capabilities.