IDG Ventures India, the local corporate venturing unit of US-based publisher International Data Group that is raising $175m for its second fund, reinvested in the B round alongside Unilazer Ventures, a family office of UTV founder and chairman Ronnie Screwvala.

Movile, which has nine offices across Latin America, said it would help iFood into new markets, including the US.

Gleb Kaplun, Bright Capital's investment director, said: "Upstream Commerce has a great team, fantastic technology, and a tremendous vision that will undoubtedly shape the future of retail intelligence."

Founded in 2008, EcoATM scans used electronic devices, such as mobile phones and iPods, to gauge value and pay consumers before reselling them worldwide or reclaiming the components.

CMU spin out ATRP Solutions lands $2.6m from the National Science Foundation for cosmetics.

The company has committed $100m to the Catalyst Fund for early-stage start-ups, which may be available to university startups.

German-based online fashion community moodboard startup Stylight, has raised an undisclosed amount in series B funding led by SevenVentures.

Amazon in its regulatory filing said it owned 29% of LivingSocial worth $52m at the end of last year, down from $94m at end-September.

Holtzbrinck Ventures and HTGF invested an undisclosed amount in Paul Secret in June.