Consumer

Monthly analysis: April 2019

Meditation device manufacturer Core has attracted $4m from seed investors including Stanford-StartX Fund as it ramps up towards the full release of its product.

Amazon is leading a series G round that will increase Deliveroo's funding to more than $1.5bn altogether, with the cash to support hiring and geographical growth.

The Comcast-backed premium luggage brand is valued at $1.4bn, having secured funding in a round led by Wellington Management.

Cargill Protein, Strauss Group and M-Industry all contributed to a series A round for cell-based meat developer Aleph, based on research at Technion– Israel Institute of Technology.

SoftBank Vision Fund has led a $200m funding round for Grofers that more than doubled the online grocer's valuation to $1bn.

Alphabet-backed vegan burger producer Impossible will use the funding, secured at a $2bn valuation, to increase production capacity.

ADT, BMW and Duchossois Group have achieved exits after people-tracking app developer Life360 became one of the few US-based companies to float in Australia.

Mobile payment platform PayPay raised $419m in funding from SoftBank. This is a deal from a space that has seen much growth in terms of the corporate-backed deal flow in recent years.

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

Edgewell Personal Care has agreed to acquire razor subscription service Harry’s in a cash and stock transaction that will allow Grace Beauty Capital to exit.