US-based non-profit technology transfer center for bakers and food processors American Institute of Baking (AIB) added Beijing, China-based certification body Beijing Sino-Swiss ADC Service Co Ltd (SSADC) for an undisclosed amount.
Deals
Rakuten Ventures leads $3.5M Series A round for Singapore-based ViSenze
The venture capital arm of Tokyo-based Internet firm Rakuten, Rakuten Ventures, led the Series A round for Singapore-based ViSenze which raised $3.5 million, TechCrunch reported.
Berkeley startup MobileWorks raises $2.1M to revolutionize outsourcing
Berkeley, US-based startup MobileWorks raised $2.1 million in funding to change the way outsourcing works by generating online jobs for people who cannot enter the traditional career path.
China-based Tencent Holdings Ltd to acquire 20pct in Dianping.com
Tencent Holdings Ltd, the biggest Internet company in Asia, purchased a 20% stake in online review platform Dianping.com, as it steps up its location-based services, Bloomberg reported.
Australian minig firm Balamara to divest non-core assets in the Balkans for A$15.2M
Subiaco, Western Australia-based mining firm Balamara Resources Ltd agreed to divest three of its non-core assets located in the Balkans for A$15.2 million to focus on its flagship projects.
Latest News
Jackson, Mississippi-based fresh eggs producer and distributor Cal-Maine Foods agreed to acquire the remaining 50% of the remaining interests in Utah-based Delta Egg Farms from Iowa-based Sunbest Foods for a total of $17 million.
Menlo Park, US-based scientific outsourcing startup and service provider Transcriptic bagged a total of $4.1 million in funding to introduce automation and robots into the process of scientific research.
FireLayers, a cloud security startup backed by YL Ventures, has taken itself out of stealth mode. The startup provides tools that allow companies to securely use cloud applications.
Health and lifestyle investors Tripp Baird and Vishal Vasishth are in the process of raising $150 million for their Builders Fund in San Francisco, based on a document filed with the Securities and Exchange Commission (SEC).
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.
Needham, US-based digital video advertising distributor Extreme Reach pocketed $50 million in a venture round from Village Ventures, Greycroft Partners, Spectrum Equity, and Long River Ventures.
Investors in Atlanta and the State of Georgia in general are now favoring angel, seed and Series A financing rounds more than later-stage deals, TechCrunch reported citing CrunchBase data.
Boston, US-based smart eyewear startup Laforge Optical launched a crowdfunding campaign on Indiegogo to raise $80,000 for the testing and app development for its fashionable smart glasses called Icis.
Pennsylvania, US-based language learning app Duolingo secured $20 million in a recent funding round led by Kleiner Perkins Caufield & Byers to conquer the Asian market and compete with other English-teaching services.
