Consumer

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.

The early learning toy provider secured series C funding with backing from Alphabet to boost its international growth.

E-commerce fulfilment technology provider Fabric closed a series C round, backed by Koch Industries and Harel Insurance and Finance. This is one of the latest sizeable rounds in the still booming e-commerce space.

Wells Fargo Strategic Capital took part in a $52.5m round for digital mortgage platform developer Maxwell while corporate-backed music distributor UnitedMasters closed a $50m series C.

Advance Publications and American Express scored exits as the fashion subscription service floated at the top of its range in an upsized offering.

Cybersecurity software developer Sonrai Security, small business insurance provider Coterie and fashion brand Love, Bonito each raised $50m in corporate-backed rounds.

Voltage regulator producer Empower closed a $45m round featuring Samsung Catalyst Fund while Swisscom and Six-backed spend management software provider Yokoy raised $26m.

HSBC Asset Management helped expand sustainability software producer MioTech's series B-plus round while quantum cybersecurity software developer QuintessenceLabs raised $18.8m in a round co-led by Telus.

GrubMarket’s Japan Post-backed round received a top up from BlackRock, valuing the online fresh food retailer in excess of $1bn.

Roc Nation-backed healthy restaurant chain Sweetgreen plans to float on the New York Stock Exchange having reportedly raised about $630m in funding.