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Infarm harvests $100m series B round

Demand Analytics and Ideo-backed InFarm has landed $100m to expand its modular urban farms to retailers in the UK, US and Japan.

NGP’s investment total reaches $90m

National Grid’s corporate venturing arm has committed $90m of its $250m initial budget, having backed a total of 12 portfolio companies and three venture capital funds.

Maumee Ventures and 1855 Capital have co-lead Phospholutions’ undisclosed round.

Marubeni helps Azuei generate $26m in funding
Off-gird solar system provider Azuri secured funding in a Marubeni-led round that was also backed by IP Group, and will use it to enter new markets.
Carbon Lighthouse attracts Cox to lead round
Johnson Controls-backed energy efficiency services provider Carbon Lighthouse has received $32.6m in a round that included $20m from Cox Enterprises.
Aihuishou to process $500m JD.com-led round
JD.com has agreed to lead a $500m round for Aihuishou and will merge its own second-hand e-commerce platform Paipai with the electronics recycler.
YPF rises to corporate venturing
Argentina-based YPF has set up a corporate venture capital subsidiary, YPF Ventures, and will conduct international and local deals respectively through Argentina Energy Bridge Fund and YPF Early Stage Fund.
Knowbox stores $150m in series D funding
Alibaba has injected $150m into personalised education platform Knowbox, whose backers already include TAL Education, Bertelsmann, Baidu and Legend Star.
Karuna clears path to $75m IPO
Having confidentially filed in late April, Karuna Therapeutics has publicly applied for an initial public offering that would raise $75m and provide exits to Nan Fung and PureTech Health.
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