Consumer

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.

Sun Pacific spinoff Califia will use the proceeds from the round, which included its parent company, to expand its plant-based drink product range.

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.