Retail Acquisitions, the new owner of department store chain BhS seeks for funding of 70 million pounds several months after buying it. The new owners are now talking with prospect providers for additional funds that would help them transform the iconic brand.
Funding
Pentagon taps Boeing, Apple, Harvard to develop wearable tech for soldiers
US Defense Secretary Ash Carter on August 8 gave $75 million to FlexTech Alliance, a consortium of giant tech and research firms, to develop an electronic device small enough for soldiers to carry.
Uber Closing In on $1B Fundraising Campaign
Uber Technologies China is drawing near their $1 billion goal of raising funds to help support their fight against wealthier Chinese rival Didi Kuaidi Joint Co.
Coursera raises $50M for expansion in China and India
Coursera, the world's leading online education provider, announced that it raised almost $50 million in funding for their expansion plans to China, the Americas and India.
Indiegogo CEO Gives the Best Tips and Tricks for Successful Crowdfunding
Indiegogo CEO Slava Rubin is giving away some of the most important tips and tricks on how to successfully raise funds for your particular project. Indiegogo is a platform that has helped people raise funds for their ideas since it debuted in 2008. It has helped campaign raise as much as half a billion dollars.
Latest News
StoreDot, the startup company producing nanotech batteries that can charge smartphones in 30 seconds, had acquired $18M funds from Samsung, Norma Investments and Singulariteam, totaling $66M. The new funding will be spent to charge electric cars.
TrackIF is a company that brings online retailers and customers closer together by helping potential buyers track products through an embedded browser extension, and giving them intelligent information through email alerts.
The Funding Circle has earmarked $1-billion funding for small business globally and will make this financing in a hassle-free and much-simplified process.
Daniel Lubetzky, Presidential Ambassador for Global Entrepreneurship and KIND CEO is investing $3M on three startups; EatPops, 479 Degrees, and GimMe Health Foods.
Software startup Occipital has announced that the company received a round of funding from a group of investors. TechCrunch reports that the Series B funding worth $13 million was raised from investors Intel Capital, Shea Ventures, Grishin Robotics, and Foundry Group, who had previously participated in the first round of funding for Occipital.
Popular news-reading app Flipboard has raised $50 million from a sole investor to boost manpower and infrastructure, reports say.
Taylor Swift's generous donation of $50,000 via GoFundMe has led the well-known crowdfunding website to raise its fundraising limits.
Online home-rental marketplace Airbnb Inc is closing on a $1.5 billion fundraising that would boost the company's valuation to $24 billion, the Financial Times reported.
Botanical vaporizer manufacturer Pax Labs received $46.7 million in Series C financing from their investors to expand operation to the international market.
