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July 27, 2018updated 26 Jul 2018 12:16pm

Deals this week: The RealReal, Faurecia, Marks & Spencer

The RealReal has secured $115m through a series G funding round led by PWP Growth Equity.

The RealReal has secured $115m through a series G funding round led by PWP Growth Equity.

The funding round has also involved the participation of Sandbridge Capital and Great Hill Partners.

The RealReal is a premier online luxury consignment store, while PWP is a private equity firm. All the companies involved in the transaction are based in the US.

The latest round brings the total funding secured by The RealReal to $273m.

The firm plans to use the funds for business growth by building new fulfilment centres.

Faurecia has invested an undisclosed amount in SUBPAC to strengthen the group’s personalised, versatile and connected Cockpit of the Future.

Founded in 1997, Faurecia is an automotive technology company, while SUBPAC is a technology company engaged in the development of transformative wearable audio technology.

Faurecia will integrate SUBPAC’ technology into the seat, as part of its personalised audio bubble system.

SUBPAC will use the funds for developing an immersive sound experience.

Rajasthan Venture Capital Fund (RVCF) has invested an undisclosed sum in Wholesalebox Internet Pvt Ltd.

RVCF is the venture capital fund, while Wholesalebox is a business-to-business (B2B) online platform. Both the companies involved in the transaction are based in India.

“The partnership enables M&S to invest in different start-ups, which are sourced through Founders Factory’s global network.”

The investment was also contributed by RCCF’s existing investors Orios Venture Partners and Contrarian Drishti Partners.

Coffee Tasting Club Limited has raised funds through a crowdfunding round from Seedrs Ltd.

Coffee Tasting Club is an online retailer of coffee beans, while Seedrs is an equity crowdfunding platform provider.

Both the companies involved in the transaction are based in the UK.

Marks & Spencer (M&S) has joined forces with Founders Factory for the launch of a new joint venture (JV) to invest in start-ups.

M&S is a multi-channel retailer in the UK, while Founders Factory is a venture capital firm based in London.

M&S holds a majority stake in the JV and the agreement complements its strategy of digital transformation.

It will also become the exclusive retail partner for Founders Factory in the UK.

The partnership enables M&S to invest in different start-ups, which are sourced through Founders Factory’s global network.

Avanade has entered a strategic partnership with K3 for the development of new retail solutions, which aim to improve customer experience and provide information about the spending habits of consumers.

Avanade and K3 are currently working with different clients, including a fashion retailer in Belgium and retailer operating stores in European airports.