
Hearst-backed vintage goods auctioneer Auctionata has agreed to merge with contemporary art auction platform Paddle8 to target the sub-$500,000 market.
Alibaba Pictures has attracted capital from a consortium featuring Ant Financial and Sina Corp for its Taobao Movie ticketing service, valuing the subsidiary at $2.1bn.
Nan Fung has contributed to a series C round for biotech company Bolt Threads, which emerged out of stealth less than a year ago with $40m in initial capital.
Naspers-backed hyperlocal marketplace app Letgo has absorbed the US operations of Spain-based competitor Wallapop, picking up $100m from existing backers in the process.
ProSiebenSat.1 and Franz Haniel both contributed capital as Berlin-based venture capital firm Cherry Ventures closed its Cherry Ventures II fund.
Existing shareholders including Softbank, Telstra and American Express returned to back the e-commerce platform's $30m series E round, which was led by GGV Capital.
The high-tech keyboard developer increased its funding to approximately $40m in less than two years, closing a second Universal-backed round.
Adidas and Qualcomm's corporate venturing units both contributed to a series C round that will fund sales and marketing for 360fly's immersive 360-degree video cameras.
Pinshape, which operates a 3D printing designs marketplace, had raised $850,000 in seed funding from investors including internet company DeNA.