Consumer

Wuxi PharmaTech-backed Wuxi Healthcare Ventures has led a funding round for the wearables manufacturer.

Vipshop-backed online fashion retailer Showroomprive floated below its range, selling individual shares at $2.25 below target.

The conglomerate will launch its Unilever Foundry in the US next month, giving participating startups access to its various brands.

The meal delivery service, in which Rocket Internet holds a majority stake, has filed to go public in Germany, a month after raising money at a $3bn valuation.

Search engine provider Baidu invested in the round, which valued Bolo.me at $200m, as part of an agreement to integrate the startup's e-commerce technology into its platform.

The e-commerce group has sold its stakes in e-commerce company Netretail and price comparison service Heureka to investment firm Rockaway Capital.

Growth equity firm Acton Capital Partners has closed a $200m fund that counts publishing group Hubert Burda, from which it spun out, as an anchor investor.

The consumer foods manufacturer has expanded its 301 incubator into an investment vehicle that will back early-stage food companies.