Consumer

Sompo Holdings, iRobot, Toyota AI Ventures, Union Tech Ventures, Happiness Capital, Samsung Next and Bloomberg Beta all backed the companion robot developer's series B round.

Indoor positioning technology producer Devawave was acquired by Qorvo reportedly for $400m, giving an exit to LG and ST Electronics

GoJek's accelerator has grown beyond its original Indonesia-focused remit and is now looking to find potential in the fast-moving consumer goods space.

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

Comcast Ventures has exited Hollar in an acquisition by Five Below, which is reportedly set to shut down the budget e-commerce platform.

Grupo Bimbo has established a Latin American accelerator to join existing initiative Eleva Food Technology which will now focus completely on Mexico.

Takuya Hosomura, previously a senior manager at Rakuten Capital, has joined fellow corporate venturing vehicle Salesforce Ventures as a principal.

Alix Rimington will lead Coca-Cola Amatil’s innovation subsidiary, Amatil X, which covers corporate venturing unit AX Ventures and accelerators Xcelerate and Amatil X Academy.

Less than three years after raising money at a valuation of up to $1bn, Essential is shutting down after low sales of its alternative Android smartphone.

The Gojek and Sistema-backed cloud kitchen operator is seeking between $100m and $150m at a $1bn valuation, nearly double the valuation it fetched just six months ago.

Affordable e-commerce platform Brandless is closing its doors, having been valued at $500m in a round backed by SoftBank Vision Fund and GV.