Deals
Financing the Venture Capital Ecosystem—Day #1 in Lima, Peru
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.
Australian vehicle parts supplier MaxiPARTS acquires RW Internetional Parts
Victoria, Australia-based truck and trailer parts supplier MaxiPARTS acquired Wagga Wagga, New South Wales-based vehicle spare parts seller RW International Parts for an undisclosed amount to expand its retail network in the country.
Small Scottish island wants to be world's first 100% renewable energy place
Eigg, a small island which is part of Scotland's Hebrides archipelago, wants to be the world's first 100% renewable energy place by replacing current diesel generators with a network of wind turbines, hydroelectric plants, and solar panels as sources of electricity.
Sweden-based Bitcoin startup Safello raises $600K in seed funding
Safello, a Bitcoin startup based in Sweden was able to raise $600,000 in its seed funding round from Erik Vorhees, Zubair Quraishi and other unnamed backers.