TraceLink Inc obtained a growth investment of $5.5 million in a round led by FirstMark Capital. Proceeds of the financing will be used for worldwide expansion and to finance more investments in its Life Sciences Cloud network platform.
Any
Scottish tech firm Dukosi secures £320,000 from Par Equity venture capital and Scottish Investment Bank
Dukosi, the Scottish technology firm that developed the Electric Vehicle Optimization Integrated Circuit, secured £320,000 to help finance the commercial roll out of its smart chip geared towards electric vehicles, the Herald Scotland reported.
Anytime Fitness secures investment from Roark Capital Group
Co-ed fitness franchise Anytime Fitness has received an equity investment in private equity firm Roark Capital Group, a statement about the funding said. Terms of the deal were not provided.
Electronic cigarette maker NJOY gets $70M in private funding round
E-cig maker NJOY secured $70 million from Brookside Capital and Morgan Stanley Investment Management in a private round, The New York Times The Dealook reported.
Smarterer gets additional $1.6M in round led by Rethink Education
Smarterer, a startup based in Boston that provides jobseekers with a way to measure their skills in different subjects through online tests, has landed an additional capital of $1.6 million in a round led by Rethink Education, TechCrunch reported.
Latest News
As part of its expansion, the "going out" app YPlan will be expanding to San Francisco, California. It also has entered into an exclusive ticketing partnership with Noise Music Festival and will be unveiling a new feature, VentureBeat reported.
Africa is already in the radar of large American technology corporations and venture capitalists as IBM, Microsoft and Intel Capital make bets on startups in the continent, TechCrunch reported.
Magisto, the New York-based startup that provides automatic video editing services, has bagged a $2 million investment from Russian Internet firm Mail.ru Group, VentureBeat reported.
Smarter Remarketer, an Indiana-based startup focused on behavioral marketing and retail intelligence, has picked up $7 million from Battery Ventures in its most recent funding round, VentureBeat reported.
myTomorrows, a startup based in the Netherlands, got $2.2 million in additional funding from friends and family to give patients with critical conditions access to development-stage therapies, TechCrunch reported.
The Social+Capital Partnership, Mayo Clinic, Rock Health and unnamed venture capitalists from Silicon Valley invested $1.1 million to Ambient Clinical Analytics, a startup formed by a group of doctors from the Mayo Clinic, VentureBeat reported.
Entrepreneurs and investors speak about the need and urgency to increase investment and Scale Up start-up communities in their countries. Yet when it's time to invest capital, the culture of risk impedes the flow of money from the wallets of local investors into the pockets of entrepreneurs.
Blurtt's Jeanette Cajide traced the demise of the startup she co-founded in a TechCrunch post. Blurtt is a mobile application that enables users to craft their own digital expressions, personalize the message and send to others.
Outfittery has secured new funding amounting to €13 million in a round led by Germany's Highland Capital Partners Europe to it can grow in European markets, TechCrunch reported.
