Consumer

Ping An Ventures is raising a total of $1.3bn for two life sciences-focused fund: $500m for a dollar-denominated fund and $800m for a renminbi-denominated one.

The American Express, Comcast and Amazon-backed grocery delivery service is targeting up to $250m, according to a securities filing.

Naspers Ventures led the round, investing alongside Meituan-Dianping and increasing the food delivery platform's total funding to $255m.

BurnAlong, which operates a platform for remote exercise classes, has secured capital from investors including Johns Hopkins University.

OurCrowd has attracted support from Yissum for a seed stage incubator it launched alongside a $50m sports tech fund.

Kakaku took part in a series B round led by existing investor NSI Ventures that will support recruitment and geographical expansion.

The $97bn Vision fund committed $300m to dog walking service provider Wag

Organic coconut water producer Harmless Harvest has received $30m in a growth round led by corporate venturing unit Danone Manifesto Ventures.

The smart home device maker has raised $54.5m from investors including Baidu and Libai as it gears up for a China initial public offering.

Joby Aviation has raised $100m in an Intel Capital-led series B round that included JetBlue Technology Ventures, indicating the rise in air-based corporate venturing.