Consumer

Sanquan Food-backed convenience store operator Guoquan Shihui has raised $60m in series C funding to bring its total capital to more than $123m.

GPI Capital and JPMorgan Chase have injected $150m into Pharmapacks, whose backers already include Reckitt Benckiser, McKesson, Sealed Air and Emerson Group.

Alibaba-backed e-commerce company Nice Tuan has raised its third funding round this year, adding $80m to its coffers that now contain almost $300m in total.

JD.com and Expedia-backed online travel agency Traveloka has picked up $250m in funding led by an undisclosed investor that could be Qatar Investment Authority.

MNC Media and Sinar Mas-backed fashion e-commerce company Sorabel has run out of cash having already shut down its Philippines-based subsidiary.

The online home insurer raised a series E round backed by a host of corporate venture investors.

The Tencent and Lenovo-backed online grocer has confirmed it has closed a $495m round led by China International Capital Corporation.

The grocery e-commerce platform is set to raise the cash in a Tencent-backed series C-plus round, just weeks after it reportedly lined up $300m in series C financing.

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

MIT and Tufts spinout Mori, which produces food preservatives using silk proteins, welcomed back The Engine for its series A round.

Maersk Growth contributed in a round bringing the fresh food monitoring technology company's overall funding to $19.8m.