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The Artling raises $1.75 million in Series A funding

The Artling, a Singapore-based online art gallery, has raised $1.75 million in Series A funding. The investment came from Edipresse Media, a European lifestyle media company. In addition to the funding announcement, The Artling has announced the acquisition of Artshare, a Hong Kong-based website that lets people interested in buying art a view of  local exhibitions and galleries and lets them buy …

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Sophia Webster has raised $4.8 million in venture funding

Sophia Webster, a British accessories brand, has secured £4 million ($4.8 million at current exchange) in venture funding. The investment came from the Business Growth Fund. As part of the funding, Peter Williams, the non-executive chairman of Boohoo, former CEO of Selfridges and former non-executive director of ASOS, has joined the brand’s board.  He has been appointed non-executive chairman of …

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L’Oréal acquires three Valeant skincare brands for $1.3 billion

L’Oréal has signed an agreement with Valeant Pharmaceuticals to acquire three of their skincare brands, CeraVe, AcneFree and Ambi for $1.3 billion. “The acquisition of CeraVe, AcneFree and Ambi strongly complement L’Oréal’s brand portfolio,” Frédéric Rozé, president and CEO of L’Oréal USA, said in a statement. “These three brands, built on strong relationships with health professionals and widely distributed, will nearly double the revenue of our …

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Scandit raises $7.5 million in Series A funding to expand into U.S. and Europe

Scandit, a Zurich, Switzerland-based barcode scanning solution for retailers, has raised $7.5 million in Series A funding. The investment came from Atomico, a global venture capital firm based in London. “What Samuel and his team have achieved is testament to a winning combination of an exceptional product and team,” Teddi Wardi, a partner at Atomico, said in a statement. “They …

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