Consumer

Big capital raising at $2.25bn valuation, comes as the US-based camera company-backed by Steamboat Ventures, the corporate venturing unit of US-based media company Disney, had been touted for an initial public offering this year.

Qualcomm Ventures is joined in the series A backing the New York based weight loss company, by venture firms m8 Capital, Harbor Pacific Capital, and former executives of online gaming company Nexon.

Softline Venture Partners, the corporate venturing unit of the Softline Group, launches e-commerce focused spin-off, Videobaker.

The digital unit of India-based media company The Times of India Group joins a syndicate which also includes The Washington Post Company, Docomo, VTB Capital and RTP Ventures.

The Germany-based comparision website reportedly secures an investment from 500 Startups' Dave McClure, taking it to nearly $1m raised, according to TechCrunch.

IDG and Bertelsmann Asia unit reportedly looking to up investment in China-based luxury website Secoo next year.

The Germany-based fashion internet retailer backed by the former corporate venturing unit of Germany-based media company Georg von Holtzbrinck Publishing Group details its financing as it reveals other milestones after being started a year and a half ago.

If the InSightec deal ends up being a stellar exit for GE a few years from now, it would surely make an interesting case study for how spin-offs can successfully value for their parent corporate, while minimising risk of the parent while it sees how the technological roll out pans out.

The corporate-backed state venture fund, which raised nearly $380m for the first close of its second venture fund in October last year, is in late-stage talks with one company started outside Germany, after securing the ability to invest overseas as part of the new fund.

Institutional Ventures Partners leads a $50m D round into US-based One Kings Lane, a flash sales site for the home market, in a round also backed by US-based media company Scripps Networks Interactive.