Consumer

Anti-food waste platform developer Karma has secured Electrolux as a strategic partner as well as an investor in a Kinnevik-led round.

The food delivery platform has almost tripled its valuation to $4bn in the five months since SoftBank led its $535m series D round.

Two corporate players backed gene therapeutics firm Orchard Therapeutics in a round that may indicate an uptick in investments in genetics-related tech for this year

Beijing Yue Meters Technology, which produces keyboards for the karaoke system provider, has also invested in its series B round.

FPT, SoftBank, EContext Asia and Beenos were part of a consortium that committed $51m in funding to online marketplace operator Sendo.

The social parenting community operator counts Alibaba, Fosun, Tal Education and Jumei as shareholders and is seeking a $5bn valuation.

Innsbruck’s customer chatbot spinout Onlim has raised funding from tourism tech firm Feratel and the university ahead of a series A round scheduled for next year.

Last week, Global Corporate Venturing reported several interesting and sizeable transactions in the e-commerce space from around the globe.

Large rounds tend to be raised by companies based in the US and China, more so than other parts of the world. China-based businesses also tend to raise much larger rounds.