Consumer

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.

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

As the month of August draws to a close, last week we reported several initial public offerings (IPOs) which are lined up for the coming weeks along with some notable ones that have already taken place.

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

The American Express-backed eyeglasses e-commerce platform has increased its valuation from $1.75bn to $3bn following series F and G rounds.