Consumer

The Alibaba and SoftBank-backed sports apparel merchant increased its valuation to $6.2bn in a series E round co-led by Fidelity and Thrive Capital.

The plant-based food producer boosted its valuation to $4bn and has now raised $1.5bn since being founded by Stanford faculty in 2011.

The plant-based food producer boosted its valuation to $4bn and has now raised a total of $1.5bn from investors including GV.

The e-commerce platform has teamed up with consultancy Zinnov for an India-based accelerator that will be conducted virtually.

Doosan, Gree, Oppo and Summit Media have exited the young female-focused social media platform in an acquisition by MyGlamm.

The bespoke suit maker’s three-month initiative will admit up to 15 D2C-minded startups and projects for its first batch.

UChicago’s Arts + Public Life hub has launched a shopping arcade-based retail accelerator starting with three black-owned businesses.

The number of corporate-backed companies going public declined in 2019, despite some major IPOs like those of Uber, Lyft and Slack.

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

Allied Minds claimed a 1.27x investment return after exiting restaurant guest engagement platform TableUp in an all-share transaction.

The 24-hour grocery chain secured the money in a series C round co-led by Tencent, the corporate investor that also led its series B early last year.