Consumer

The room listings marketplace secured $475m at a $10bn valuation, showing once again the extraordinary growth potential for companies willing to disrupt existing industries.

Online mattress seller Casper has raised $13.1m in a Norwest-backed series A round, bringing its total funding to $15m so far this year.

DreamIt has introduced the 12 graduates of its three month incubator at the DreamIt Demo Day in New York yesterday.

OPT plans to invest in adtech, edtech, e-commerce and cloud services start-ups over three years as it grows its portfolio to 100 companies.

Womai.com, a China-based online grocery retailer, has secured $100m in a second funding round which was led by IT publishing firm IDG.

Vivendi, the parent company of Universal Music, reaped a $404m return from its 13% stake as Apple confirmed the acquisition has closed.

E-commerce network Social Shop has received an undisclosed amount of funding from SanomaVentures, to roll out its platform across the Netherlands.

CashCard.com has acquired the assets of Citi Ventures-backed Plastic Jungle for an undisclosed fee and will take over Plastic Jungle's domain name and infrastructure.