Services

Chinese-based 360buy, a DST Global-backed online retailer of consumer electronics, reportedly raises $400m in a round which values the e-commerce site at $7.3bn

Employees of the US-based social network will be given the opportunity to work on new ideas for up to three months.

US-based Epic Sciences, a biotech and cancer diagnostics company, raises $13m in Series B financing.

Playnery, a Korean social game development studio secures $3.7m in funding led by Japanese corporate venturing unit, SoftBank Ventures, with backing from semiconductor company Qualcomm.

An Irish corporate venturing foray by Nasdaq-listed Semtech Corporation, follows the semiconductor company making its largest acquisition in its 52 year history earlier this year.

Google Ventures has invested in a $1.5m seed funding for US-based real estate technology company HomeLight.

US-based advertising company Mojiva raises $7m from previous investors Bertelsmann Digital Media Investments, Cross Creek Capital, Forbes Media and Shamrock Capital Advisors.

Google Ventures leads a first round of financing of $1.2m into US-based marketing start-up TrueLens

Alternative asset manage AGC Equity Partners, via m8 Capital, leads an $85m round of financing into US-based Evernote, an online digital memo service backed by NTT Docomo.

The deal showcases a number of important trends in healthcare: no venture capital (VC) firms were invited to invest, how far a company can get without selling equity and that while the investor universe has globalized all roads still often lead to the US.