Consumer

Northeastern University cosmetics-focused artificial intelligence spinout Giaran has been acquired by Shiseido Americas for an undisclosed sum.

The e-commerce marketplace has sold an undisclosed stake to media group Bennett, Coleman and Company in a $15m ad-for-equity deal.

The wireless earbud developer has closed after raising more than $50m from investors including WME, Live Nation, Universal and Chernin Group.

International financial transfer platforms TransferWise and Remitly each announced nine-figure rounds last week, highlighting the growth of the sector.

The online grocery store secured $8m from a consortium including International Finance Corp as it has yet to confirm a reported $200m investment from Paytm Mall.

The $460m funding round for Megvii, also known as Face++, featured a host of corporates: Foxconn, SK Group and Ant Financial.

Vorwerk and Rocket Internet-backed meal kit delivery service HelloFresh has priced its shares in the middle of the range at $11.90 and could raise up to $369m.

Online fashion retailer Pomelo raised cash in a series B round featuring e-commerce firm JD.com that will be used to expand its product line.

Posco-backed Althea will use the capital to expand internationally and boost the range of beauty products it sells online.

Tencent and SoftBank Korea have contributed to a round that took educational robot developer Wonder Workshop's total funding to $78m.