Consumer

Ubicom Holdings Japan helped gynaecological imaging software developer Illumigyn take its total funding to $33m while Optum took part in a $30m round for health payment technology provider Medallion.

Cox Enterprises invested in digital media company Axios at a $430m valuation while Bristol Myers Squibb helped enzyme drug developer Nitrase Therapeutics boost its series A round to $45m.

Coca-Cola paid $5.6bn for the 85% of the sports drink brand it did not already own, having invested an undisclosed amount three years ago.

Corporate-backed financial remittance network operator Lightnet netted over $48m while Callaway Golf Company invested $30m in indoor golfing chain Five Iron Golf.

The Amazon, Carrier, AGL Energy and Just Energy-backed smart thermostat producer is set to be taken over by Generac Holdings in a deal that could reach $770m.

Cell therapy developer Hopstem completed a $40m Eli Lilly-backed series B round while cybersecurity technology developer SlashNext secured $26m from investors including Telia and Ayala Group.

China Telecom was among the participants in a round for the smart home device maker which will support international growth and research and development.

The brand aggregator's investment vehicle fund is tasked with acquiring small majority stakes in local consumer businesses.