The online marketplace has received $14m in a series B supported by the crporate venturing units of Itochu and GMO.
Japan-based mobile shopping startup Mercari, has secured $14m in funding from investors including Itochu Technology Ventures, a corporate venturing unit of Japan-based conglomerate Itochu, and GMO Venture Partners, a subsidiary of internet company GMO.
Itochu and GMO invested alongside venture capital firms Global Brain and Globis Capital Partners, and other, undisclosed investors. Mercari previously raised ¥300m ($2.9m) in its series A round in August 2013 from internet company United.
Mercari operates a customer-to-customer ‘flea market’ app available on the iOS…
