Venture capital firm Bay City Capital followed a $5m investment in SynGen, a US-based developer of cell-based medicines, by increasing its overall investment in the company to $10m on Monday. Other investors in SynGen include GE Capital, industrial conglomerate General Electric’s growth capital unit, which invested $2.5m in March this year.
Japan-based online footwear retailer Loncodo has raised ¥500m ($4.6m) in series C funding from investment firm Jafco Ventures, Tech in Asia reported on Monday. Loncodo has now raised almost…