Consumer

Inventec Appliances Corp has contributed to a round that will enable Molekule to further develop and scale its air purification technology.

Gojek’s food delivery unit has partnered Digitaraya and two individuals to form a startup accelerator called Digitarasa which will have a planned four cohorts in 2020.

Nvidia, Intel and others are piling innovation resources into AI-specialised chip architectures amid heightened risk of competition from Chinese vendors

The Indonesian e-commerce platform, formed by China-based JD.com and Provident Capital, is valued at at least $1bn and may have Gojek as an investor.

The hot pot and barbeque ingredient retailer, which counts Sanquan Food as an investor, has now secured more than $53m in the past six months.

Oncology therapy developer Revolution Medicines went public giving an exit to pharmaceutical company Sanofi.

The Globis-backed startup accelerator has chosen 12 participating startups for its sophomore cohort, three months after the demo day for the initial batch.

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

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

Prosus and Meituan Dianping both participated in the series I round, which valued Swiggy at $3.6bn but remains short of the $1bn the company had originally hoped to raise.

The online grocer raised funding from investors including Clas Ohlson to help it bolster its operations and build a new distribution hub.