Consumer

The Tel Aviv University-backed accelerator, formed in partnership with the Israel Security Agency, has welcomed its first seven participants.

Luggage brand Away took its funding to $81m inside two years, raising $50m from existing investors including Comcast Ventures.

Legend Capital led an $87.5m round for Aikucun, which helps fashion brands offload excess inventory to online retailers.

Macy's led retail space provider B8ta's series B round, which also featured property developer CapitaLand, taking its total equity funding to $30m.

The home products producer will use the proceeds from the Grace Beauty Capital-backed series C round to expand its range and open more stores.

The Tencent-backed group buying platform has filed to list in the US having raised almost $2.4bn in funding over the past year.

Financial firm Fidelity led the latest round raised by the rise-hailing company Lyft at a $15bn valuation

Babytree has filed for an initial public offering in Hong Kong, three weeks after Alibaba acquired a reported 10% stake in the e-commerce platform.

The Qualcomm-backed electronics maker will float the bottom of its range, in an offering that is still the largest for a tech company since 2014.