Coca-Cola Southwest Beverages has secured $600m through a private placement of debt offering.

The firm will use the funding to clear its debt.

Coca-Cola Southwest Beverages intends to raise an additional $200m on 1 March 2018.

“Future Investment Holdings has agreed to spend €2.5m ($2.74m) for the subscription of 0.13 million shares.”

Beijing Zailouxia Technology has raised CNY100m ($15.2m) through a venture financing round.

The funding was provided by IDG Ventures, VisionPlus Capital, Unity Ventures, Hike Capital and Yuanjing Capital.

Based in China, Beijing Zailouxia Technology is a retailer of snack food, fresh food and commodities for daily use.

Future Investment Holdings has agreed to spend €2.5m ($2.74m) for the subscription of 0.13 million shares, representing a 25% stake in 101 Caffe.

Based in Singapore, Future Investment Holdings is engaged in the production and distribution of snack food, frozen convenience food and instant beverages.

Theland Milk has secured strategic funds from retail commerce firm Alibaba Group Holding and private equity company Yunfeng Capital.

Based in China, Theland Milk is a seller of dairy products. The company intends to use the funds to expand its business.