Japan-based e-commerce company Mercari raised ¥2.36bn ($22.1m) in series C funding on Thursday from investors including GMO Venture Partners, the corporate venturing subsidiary of internet company GMO.
The round also featured venture capital firms Global Brain, Globis Capital Partners and East Ventures, and the Japan-centred fund World Innovation Lab.
Mercari is a mobile shopping app where users can buy and sell second-hand items on a mobile marketplace. The company recently launched a US version of its app.
The round added to the $14m raised by Mercari in March from Itochu Technology Ventures, the strategic investment arm of diversified conglomerate Itochu, GMO Venture Partners, Global Brain and Globis Capital.
Mercari raised $3m in August 2013 from internet company United, six months after its launch.