Consumer

TCG has invested $83m to acquire a majority stake in Scripps Networks Interactive and Bertelsmann-backed e-commerce and media platform Food52.

Müller Medien-backed online beauty marketplace Booksy has accumulated $48.7m in all after adding contributions from investors such as Piton Capital and Enern.

Grace Beauty Capital-backed children's clothing line Primary has collected series C funding from returning investors USVP and Homebrew Ventures.

The accelerator will support remote working to broaden its geographical capacity for emerging food products and manufacturing techniques.

Strive, Yahoo Japan and Itochu are among the backers of the flying car developer’s $13.9m round, which took the company’s total funding to about $18m.

Its technology sector is the bedrock but the innovation boost the country needs is beginning to happen.

A snapshot of the corporate-backed venturing activity in Asia-Pacific show it is the second most active region in terms of corporate-backed venture deals and exit count.

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

The resale services provider has now disclosed approximately $35m in funding, having added Prologis Ventures to its investor base.

GV was among the investors that provided $35m for the company in an October 2018 round that took its total funding to $45m, it revealed this week.

Comcast NBCUniversal and Grace Beauty scored exits as Peloton Interactive floated at the top of its range to raise $1.16bn, getting a further $100m in a private placement.