Bikini brand Frankies Bikinis received $18m from strategic investor Victoria's Secret while department store retailer Lojas Renner has formed a $31m investment vehicle.

Funding

Lingerie producer Victoria’s Secret provided $18m in equity financing for US-headquartered bikini brand Frankies Bikinis on Friday. The funding was supplied in connection with a strategic partnership agreement.

Japan-based perovskite solar cell developer EneCoat raised ¥1.59bn ($12.9m) today in a series B round backed by KDDI Green Partners Fund, Nikon-SBI Innovation Fund, JMTC Capital, Chushin Venture Capital, Kyogin Lease & Capital, Kyoto Shinkin Social Capital, Mitsubishi UFJ Capital, SMBC Venture Capital and Senshu Ikeda Capital, on behalf of telecommunications…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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