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Auctionata and Paddle8 bid to merge

Hearst-backed vintage goods auctioneer Auctionata has agreed to merge with contemporary art auction platform Paddle8 to target the sub-$500,000 market.

May 16, 2016

Taobao Movie sets the scene for $260m series A

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.

May 16, 2016

Bolt Threads fastens on $50m

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.

May 13, 2016

Letgo gets $100m with a Wallapop

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.

May 13, 2016

Corporates get a taste of Cherry's $170m second fund

ProSiebenSat.1 and Franz Haniel both contributed capital as Berlin-based venture capital firm Cherry Ventures closed its Cherry Ventures II fund.

May 12, 2016

BigCommerce enlarges funding by $30m

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.

May 12, 2016

Roli finds harmony with $27m series B

The high-tech keyboard developer increased its funding to approximately $40m in less than two years, closing a second Universal-backed round.

May 6, 2016

360Fly lands on $40m

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.

May 6, 2016

Formlabs marks out Pinshape for acquisition

Pinshape, which operates a 3D printing designs marketplace, had raised $850,000 in seed funding from investors including internet company DeNA.

May 5, 2016
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