The fashion rental platform has received $20m in a series B round led by Pan-Lin Asset Management that included existing investor IDG Capital.
Month: March 2017
SutroVax succeeds in raising $64m
The vaccine developer has secured $64m, $60m of which came from a series B round led by Nan Fung-backed firm Pivotal BioVenture Partners and backed by Roche.
BlackBuck carries itself to $70m series C
Flipkart returned to back a Sands Capital Management-led round that increased the amount raised by the logistics marketplace to $100m inside two years.
Reduxio rises to first series C close
Data storage technology provider Reduxio Systems has secured $22.5m out of a targeted $32m from investors including Intel Capital and Seagate Technology.
Pulmocide inhales $30m
Johnson & Johnson and GlaxoSmithKline have contributed to a series B round for Pulmocide, a respiratory therapy spinout of Imperial College London.
AWS meets Do for acquisition deal
Amazon Web Services has paid an undisclosed amount to buy meeting tool developer Do, giving an exit to Salesforce.
Google launches machine learning startup contest
The Machine Learning Startup Competition will enable the winner to secure up to $1m from venture capital partners Data Collective and Emergence Capital.
Ivenix initiates $50m funding round
The WuXi PharmaTech-backed infusion pump developer has raised the first $10m of a three-tranche round expected to close at $50m.
Dell applies itself to ManyWho acquisition
Dell Boomi has paid an undisclosed amount to buy application development platform ManyWho, giving an exit to Salesforce Ventures.
SoftBank supplies $300m to WeWork
WeWork has received $300m from SoftBank at a $17bn valuation and the corporate is expected to invest a further $2.7bn through its Vision Fund.
Tanyuan proves the right material in $59m IPO
Legend Capital has scored a significant exit as the graphite film producer, in which it held a share of almost 13%, floated in Shanghai.
Aflac to assemble $100m corporate venturing fund
Aflac Corporate Ventures will invest in early-stage companies developing software and digital products that can complement its insurance provider parent’s core business.
Flipkart fits corporates into $1bn round
Microsoft, eBay and Tencent all contributed to a down round for the e-commerce company that could precede another $1bn in funding.
Weather Analytics acclimatises to corporates for $17m
Tokio Marine HCC and WR Berkley have funded a series B round for the weather prediction software developer, more than doubling its total funding to $30m.