The royalties on sales of Marks and Spencer's V&A range will add to the profits raised from around 90 other licensees, which brought the museum £750,000 last year.
Mr Ma started the company in 1999 with $60,000 raised from around 80 friends in Hangzhou in southern China.
He is also now China's richest man, according to the Bloomberg Billionaires Index, with a net worth of more than $21bn £13bnn), which is not bad for a company started in 1999 with $60,000 raised from around 80 friends.
Mr Shkreli made headlines in September when his firm hiked up prices of a drug used to treat those with weakened immune systems caused by illnesses like HIV by 5,000 per cent, raising costs from around $13.50 per pill to $750.
He's out there raising from Republicans all around the country, saying if you give me money and I win, it means the Republicans can take control of the United States Senate".
The institute is contributing $13 million, raised from about 30 utilities around the country.
The $12m, jointly raised from 12 governments around the world and the IOC and recently earmarked by Wada for research, is therefore a valuable statement of intent.
The round takes Practo's total sum raised from investors to around $180 million.
It is striking that at shorter, less acidic pretreatments, there appears to be a small drop in acid loss when the temperature is raised from 130° to around 150°C (max drop is about 0.95 €/Mg straw).
Die Bayern will additionally give €1m (around £735,000) raised from a friendly match to refugee integration projects.
