February 2015 – Page 14

Plastics trading platform Zhaosuliao raises $20m

The IDG-backed series A round will be used to expand Zhaosuliao’s reach across its home country of China.

Bertelsmann participated in the series A round, which was also backed by Ceyaun Ventures and Source Code Capital.

The Digital Garage and CyberAgent-backed employee perks platform will use the funding to develop a notification app for its service.

FiscalNote, which uses big data to track legislators’ voting habits, has received $10m from Renren, taking its total funding to more than $18m.

Genomic Health-backed Invitae, which is developing a new genetic testing system, would raise more than $80m if it floats at the top of its range.

Freelance journalists marketplace Ebyline, which had raised $6.5m from media company EW Scripps, has been acquired by Izea for almost $9m.

The corporates will invest the money in medical device technology companies graduating from the incubator over an eight-year period.

The social shopping company has now raised more than $10m in total, as it seeks to expand from Europe into the US market.

Online clothing donation service Fashion Project has secured $7.2m in a series A round backed by Simon Property and Second Time Around.

Online women’s fashion retailer Ichuanyi has secured $10m from investors including e-commerce company JD.com.

The genome mapping company has increased the size of a Novartis and Legend-backed round, which first closed in November, by more than $15m.

The pharmaceutical company, which is developing treatments for retinal conditions, is set to float above its range.

The e-commerce company has set up a $129m non-profit organisation that will fund startups based on its e-commerce ecosystem.

Some of the key points in our World of Corporate Venturing supplement out today.