Tencent Holdings and JD.com have agreed to invest $863m in Vipshop Holdings Limited through the subscription of Class A ordinary shares, priced at $65.40 a share.

Under the agreement, Tencent and JD.com will respectively invest $604m and $259m in Vipshop.

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The companies respectively hold approximately 7% and 5.5% of the total issued shares, subject to a two-year lock-up condition.

Tencent and JD.com will own 12% and 8% stakes respectively upon completion of the two year lock-up period.

“Conviviality intends to use the funds to grow its retail business and expand footprint in the south and south-west of England.”

Daily Harvest has raised $43m in a Series B funding round led by US-based venture capital company Lightspeed Venture Partners.

Daily Harvest will use the funding to progress product development, improve customer experience and extend farm partnerships.

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Conviviality intends to secure £30m ($40.28m) through a private placement of eight million shares, priced at £3.75 ($5.03) each.

The UK-based company is a wholesaler and distributor of beers, wines, spirits, tobacco, grocery, and confectionery products.

Conviviality intends to use the funds to grow its retail business and expand footprint in the south and south-west of England.

Simba Sleep has raised £40m ($53.52m) from Nigel Wray through a Series B funding round.

The round has increased the total funds secured by Simba Sleep to £58.5m ($78.27m).

The proceeds are intended to expand the company.

Matsmart Scandinavia has raised €7.5m ($8.81m) from Norrsken Foundation, D-Ax Corporate Venture Capital and Northzone Ventures through a venture financing round.

Based in Sweden, Matsmart Scandinavia is an online retailer of food products.

The company intends to use the funds for its international expansion.