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.
Deals
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.
Former Zenith chairman buys stake in UK fleet management firm FMG
Former Zenith executive Andrew Cope bought a significant stake in Huddersfield, UK-based fleet management firm FMG for an undisclosed amount and will become part of the company's board.
Latest News
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.
New York, US-based media asset management firm Dalet Digital Media Systems inked a deal to acquire Basingstoke, UK-based video transcoding firm AmberFin for an undisclosed amount.
