Consumer

Q&A with Michelle Moon, principal, LG Technology Ventures

Gree's GFR Fund helped the virtual reality platform close a series D round which will support expansion and the development of new features including a creator economy.

The Digital Garage, Hubert Burda and SIG-backed B2B fashion and health marketplace reportedly raised the financing from unnamed existing investors.

Juniper Networks, Wargaming and CME Group have exited secure communications app developer Wickr in an acquisition by AWS while Country Garden reinvested in tea producer Chali.

The Lenovo and Tencent-backed digital grocer’s shares fell almost 26% in price after it priced its shares at the foot of their range.

FootLocker-backed online sneaker and apparel marketplace Goat Group was valued at $3.7bn in a series F round led by Park West Asset Management.

The eyewear retailer’s Lenskart Vision Fund will invest in eyecare and retail technology developers on behalf of its corporate parent.

A number of corporate backers scored an exit from trucking services marketplace Full Truck Alliance (Manbang Group), as the latter went public in the US. This transaction exemplifies an upward trend in exits for corporate-backed businesses from the transport and mobility space.

Waste management software provider Recycle Track Systems bagged $35m in a Citi-led series C round while muscular dystrophy drug developer Vita Therapeutics completed a $32m series A.

BeiGene helped mRNA therapeutics developer Strand Therapeutics raise $52m while the Afterpay-backed AP Ventures led logistics provider Sendle's $35m series C round.

Eli Lilly, Johnson & Johnson and Pfizer helped drug developer TRexBio close its $59m series A round while Slack backed human resources software provider Oyster at a $475m valuation.