Consumer

Q&A with Will Geiger & Brett Kadesh, principals, Touchdown Ventures

The online food retail platform took in series E capital from investors including Japan Post Capital at a pre-money valuation topping $1bn.

M Ventures contributed to a round which will support research and development for the non-dairy cheese developer as well as its move to a new headquarters.

UPS is buying delivery service Roadie having helped it raise $62m while heart disease treatment developer Nectero Medical secured $19.5m in a Boston Scientific-led round.

HomeLane has now taken in over $104m of funding since it was founded, including a series E round backed by Pidilite Group.

PayPal is to purchase its portfolio company Paidy, a consumer finance service provider. Paidy is part of the wider payment tech space, which has seen an increasing number of exits since last year.

Myeg returned for augmented reality technology developer HiScene's $41.6m series C-plus round while celiac disease drug developer Calypso Biotech hiked a corporate-backed round to over $33m.

Mediengruppe Oberfranken and Tengelmann-backed luxury watch marketplace Chronext plans to float on the SIX Swiss Exchange later this year.

Stratasys spinoff Evolve Additive Solutions secured $30m from 3D Ventures while CollegeDekho - spun off by GirnarSoft - raised $26.5m.

Keio’s synthetic silk producer increased its valuation to over $1.2bn in a round led by Carlyle Japan Partners.

Relx-backed language learning app developer Babbel could be valued at up to $2.4bn through an initial public offering on the Frankfurt Stock Exchange.