Yello Mobile, South Korean fastest growing mobile app company has received $30 million more fund from SBI Holdings Inc. With the recent investment, the fund grows to $73 million in total. However, the $4 billion enterprise expects further investments before closing the financial round in the coming months.
Funding
Vyopta Secures $5 Million in Series A Funding
Video analytic and collaboration company Vyopta announced on Thursday to receive Series A funding, AVX Partners lead the funding, which will be used to strengthen the company's product development.
Online Eye Tests Startup Opternative Received $6 Million in Series A, Aims to Expand and Improve Serivces
A startup offering online eye tests received a $6 million funding in a Series A round to help expand the coverage of its service as well as acquiring more advanced technologies. The company claims that their services are clinically proven and accurate, in addition to being more convenient and affordable.
Rise of micro VC funding in India as investors focus on early-stage investment
The micro venture capital (VC) funding space in India is witnessing a robust activity. A rising new breed of venture capital investors is keen on early-stage investment in startups. About 12 micro venture capital funds are operational in India.
BDC Capital rolls out C$150-mln IT Venture Fund II
BDC Capital, a subsidiary of Business Development Bank of Canada, has launched IT Venture Fund II with corpus of C$150 million. With an objective of bridging gap in the mid-stage funding, the new fund will support new generation of IT entrepreneurs in Canada.
Latest News
The oil services company Paragon Offshore Plc filed chapter 11 bankruptcy after the announcement of debt plan. The main reason is to avoid protracted legal battles involving its former parent, Noble Corp.
Protenus has announced raising $4 million from a Series A fundraising round. The finance has been rendered from a group of investors led by Arthur Venture. The health data security service provider intends to expand its business all over the US through this fund.
Grand Rapids, Michigan mark the highest record in venture capital investment in 2015. A venture capital firm based in the largest city of West Michigan scored a 20% increase from previous year.
Joi Scientific has claimed for discovering technology to produce hydrogen from water on Tuesday. At the same time, the research firm discloses for raising $5.5 million fund for its Series A round. If Joi’s claims come true, the research firm will be able to redraw the global energy map.
The Wikimedia Foundation received a $250,000 grant to support its early stages of search engine project, The Knowledge Engine. The project will develop a search engine that goes across Wikipedia and other Wikimedia’s services, allowing users to obtain relevant information more easily.
Data analysis company Palantir Technologies Inc acquired Kimono Labs to increase its data collection capacity. Following the acquisition, Kimono Labs will shut its service on February 29, 2016.
Bernie Sanders has cashed in on his small-dollar contributors and raised almost $5.1 million in a sudden, instant fundraiser on his victory night. Without a super-PAC to cushion his campaigns, he has always managed to keep pace with competition like Hilary Clinton, who's dependent on high-dollar contribution to fill her kitty. Sanders already knows exactly what he wants to do with the influx of cash.
Smart gardening startup Edyn announced today that it raises a $2 million seed round. The investment, led by Fenox Venture Capital, followed by other firm such as Ideabulb Ventures and also some angel investors
Leigh Steinberg, the legend in sport agent, teamed up with Alpha Strategies for investment in tech startups. Steinberg has raised $50 million for investment fund.
