Consumer

Fosun RZ Capital returned to reinvest in e-commerce software provider Desty through a $5m series A round while inventory management software developer Smart Shopping boosted its total funding to $14m.

Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.

The plant-based food producer increased its overall funding to almost $2bn in a round that brought the Stanford-linked company’s valuation to a reported $7bn.

Online skills platform developer Sanjieke disclosed over $31m in funding from investors including Udemy while gaming guild Avocado Guild pulled in $18m through a round co-led by Animoca Brands.

The plant-based food producer increased its overall funding to almost $2bn in a round backed by existing investors that could include GV.

E-commerce incubator and aggregator Benitago Groupe followed a $55m seed round earlier this year with an HSBC-backed series A.

Coinbase Ventures contributed to a $55m round for music-focused NFT platform developer Royal while neural search technology developer Jina AI raised $30m in an SAP-backed round.

Sumer Juneja, Lydia Jett, Vikas Parekh and Dennis Chang have all ascended at SoftBank Investment Advisers, which runs the corporate's Vision Funds.

SoftBank Vision Fund 2 supplied funding to the influencer e-commerce platform developer at a $2bn valuation to help accelerate growth and boost international expansion.

IP Group returned for the Bristol spinout's series D that will go to product development and commercialisation.