Hobbyist shopping platform extends series A to $4m

Mercular, an online shopping platform based in Thailand that specializes in hobby and lifestyle items, has extended its series A round to US$4 million.

More funding details

• Lead investor: Kairous Capital
• Other investors: Cyber Agent, 500 TukTuks, N-Vest Venture, Premier Advisory Group, and Thail conglomerate Central Retail, among others
• Stage: Series A

More company updates

• The announcement comes after Mercula raised US$3 million in the same round in April this year. The round was exteded with Central Retail’s participation.
• In addition to being an investor, Central Retail aims to co-develop a community-like commerce shopping model with Mercular.
• In a previous announcement, Mercular said it will use the new funds to expand into categories such as collectibles, cameras, and other gadgets.
• The company said that as of September, it offers more than 20,000 products on its platform, including toys, speakers, and gaming gear plus computers and accessories.

For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.