Consumer

Ironclad Brewery expects to invest between $25,000 and $50,000 in about eight startups a year through its newly formed unit.

Vorwerk Direct Selling Ventures has sold its stake in e-commerce platform DaWanda, four years after investing.

Existing investor JD.com returned for a Tiger Global-led round that valued the electronics recycler at more than $1.5bn.

Meituan Dianping's investment arm has raised $300m from a consortium featuring the corporate itself as well as Tencent and New Hope.

The fund, which emerged from Sundial and parent company Unilever, has closed at $100m and invested its first $30m in eight portfolio companies.

Mediaset-backed social e-commerce platform 21Buttons took its total funding to about $31m in an Idinvest Partners-led series B round.

Initial public offerings of companies from the life sciences sector appear to be rebounding in number during the first half of 2018 and news stories on our web from the past couple weeks clearly attest to it.

Intel Capital will sell shares in an initial public offering in which e-commerce marketplace IndiaMart is expected to raise up to $88m.

Electronic device trading platform Cashify has now raised $19m in total, after securing $12m in an Aihuishou-backed round.