The online marketplace for handmade goods, which reportedly counts KapanLagi Networks as an investor, has shut its business.
Author: Jack Hammond
Precision Bio pinpoints $100m IPO target
The genomic medicine developer plans to raise up to $100m in an upcoming IPO that could hand exits to Amgen Ventures, Brace Pharma Capital and Baxter Ventures.
HaloDoc prescribes $65m series B round
Singtel Group and WuXi Apptec both contributed to a UOB-led round that increased the online healthcare platform’s overall funding to $78m.
Charles swings Samsung Catalyst promotion
Jonathan Charles has been promoted from principal to director at Samsung Catalyst Fund, having initially joined the vehicle in 2013.
Stemonix stacks up series B funding
Mayo Clinic has taken part in Stemonix’s $14.4m series B round, which will fund the development of additional drug screening products and services.
Ceros designs $14m series C round
The digital content creation software provider has now raised more than $30m altogether, following a series C round featuring existing backer CNF Investments.
Toshiba pushes $89m corporate venturing fund
The fund has been formed as part of a wider technology and research investment drive that will involve up to $8.3bn being spent in the next five years.
Shuhe makes sure of $30m series B
Sina Corp has led a $30m series B round for media information and consumer credit provider Shuhe Technology and will collaborate with it on financial products.
BFG meets corporates for giant $100m fund
The venture capital firm has sourced commitments from investors including Arlon Group and Rabobank for a $100m food and beverage-focused fund known as BFG Fund II.
Shell takes Limejump in acquisition deal
Statkraft Ventures is set to exit distributed energy software provider Limejump in an acquisition by Shell that will follow some $10m of funding for the company.
Hortau unearths $20m
Irrigation management software provider Hortau, which counts Telesystem as shareholder, has raised $20m in its latest funding round.
Synchrony identifies Socure for $30m series C
Identity verification technology developer Socure has collected $30m in series C funding from investors including Synchrony Financial, though Santander InnoVentures did not return this time.
Cloud Elements files $25m Amex-backed round
American Express has taken part in the $25m round, which increased API integration platform developer Cloud Elements’ total funding to $46.2m.
Axial Biotherapeutics takes in $25m series B
Heritage Medical Systems has backed the $25m series B round, which will be used to develop treatments for Parkinson’s disease and Autism spectrum disorder.