Consumer

Cisco, Gambero Rosso, Monini and Barilla are among the supporters of a foodtech accelerator that will provide about $16,000 in funding each to 10 startups.

AI-equipped smart home device developer Rokid has taken its total funding to more than $70m with a series B round that included IDG Capital Partners.

Brazil's innovation capital ecosystem is developing at a rapid pace.

Wearable fitness device developer Moov has added BOE Technology Group to an investor base already containing the Alibaba and Foxconn-backed Taofu Chegnzhen.

The China-based educational technology developer has raised $37m from backers including Qualcomm, following a reported $18.8m series A round in 2015.

Walmart supplied the funding as part of a strategic partnership that will involve New Dada providing delivery services from the firm's Chinese stores.

Gruner + Jahr and Ringier have taken part in the DIY crafting platform's series B round alongside existing shareholders OZ Verlag and High-Tech Gruenderfonds.

E-commerce platform MatahariMall has received cash from a consortium led by Mitsui & Co, following a $500m capital injection by parent company Lippo Group last year.

Wholesale alcohol e-commerce platform Yijiupi has secured $100m in a series C round featuring Meituan-Dianping, having previously secured Bertelsmann as an investor.