GrabTaxi closes Series A round to conquer Southeast Asia

Kuala Lumpur, Malaysia-based taxi app GrabTaxi closed its Series A round with more than $1 million from Singaporean state-owned investment firm Vertex Ventures to conquer Southeast Asia.


Thai e-book startup Ookbee lands $7M in Series B funding for Southeast Asian expansion

Bangkok, Thailand-based digital publication platform Ookbee landed $7 million in a Series B funding led by Japanese outsourcing firm Transcosmos to fuel its Southeast Asian expansion.

Northwestern trustees donate $4M to build incubator space for student startups

Northwestern University (NU) trustees Michael Ferro Jr and Pat Ryan Jr each donated $2 million to build an incubator space called the Garage near the Henry Crown Sports Pavilion where student entrepreneurs can develop projects, classes, and businesses.

Massachusetts-based Wellframe nabs $1.5M in seed funding to provide patients with a mobile digital nurse

Boston, Massachusetts-based mobile healthcare management platform Wellframe nabbed $1.5 million in a seed funding round from several high net worth individuals to provide patients with an app that will serve as their personal digital nurse.


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Davis, California-based agricultural biotech firm BioConsortia Inc took hoe $15 million in a Series B funding led by Khosla Ventures and Otter Capital to accelerate the commercialization of its crops.
London, UK-based innovation hub TrueStart raised $5 million in a seed funding round to invest in 20 retail and consumer startups in Europe every year and provide them with legal and recruitment support.
Ridgeville, US-based biotech forestry firm ArborGen purchased Southland, New Zealand-based seedling grower Edendale Nursery for an undisclosed amount to tap the markets in the North and South Islands of New Zealand.
Rehovot, Israel-based 3D printing firm Stratasys bought Wisconsin, US-based plastic filament maker Interfacial Solutions for an undisclosed sum to streamline its operations through hardware and filament production.
Boston, US-based real estate investment and management firm Albany Road Real Estate Partners bought downtown Nashville's Service Source Tower in a deal valued at $34 million.
San Francisco, US-based cloud storage giant Dropbox has raised $500 million in a debt funding reportedly led by JP Morgan for the construction of its new data centers, according to a source familiar with the situation.
Ireland-based same-day hotel booking startup Hot Hotels bagged $1 million (€730,000) in funding from private investors and accelerator funds to fuel its expansion into Europe and South America.
Barcelona, Spain-based online voting firm Scytl pocketed a $40 million investment from Palo Alto, US-based growth equity fund Vulcan Capital for its research and development as well as strategic acquisitions.
London, UK-based idea management startup Wazoku landed £750,000 in a venture funding led by Campbridge Angels and New Model Venture Capital to fund its product development and growth efforts.
California, US-based e-learning platform Lynda.com added Halifax, Canada-based coding platform Compilr in a deal valued at $20 million to expand its video-based courses and services.
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