Female focused Australian angel investor network, Scale, has invested $655,000 in Paloma Mobile. This is the first investment of the angel network founded by women, Business Insider Australia reported.
Funding
Enigma snags $4.5M in Series A round led by Comcast Ventures
Enigma, a search and discovery platform for public data, was able to raise $4.5 million for its Series A round led by Comcast Ventures and supported by other investors.
Fashion platform Bow & Drape secures $1.2M funds from investors
Bow & Drape, the fashion startup that allows women to customize their clothes, was able to secure $1.2 million funding from various investors to grow and expand the brand.
London-based Zopa nabs $25M from Arrowgrass Capital Partners
London-based Zopa, the largest peer-to-peer lending company in Europe, raised $25 million in funding from Arrowgrass Capital Partners. Proceeds will be used to continue the lending firm's growth.
Massachusetts-based ZappRx secures $1M in seed round led by Atlas Venture
ZappRx, a mobile platform that automates the prescription management process, has nabbed an additional funding worth $1 million for its seed financing round led by Atlas Ventures.
Latest News
The government of Australian Prime Minister Tony Abbott will not be giving fruit processor SPC Ardmona Ltd a $25 million grant because its parent company Coca-Cola Amatil Ltd can restructure the firm on its own, Bloomberg reported.
New York, US-based clean tech firm BrightFarms pocketed $4.9 million in Series B funding to expand its network of greenhouses and promote locally-grown produce in the urban areas of the country.
Cincinnati, US-based startup Sqrl bagged $550,000 in funding from CincyTech, Vine Street Ventures, and Hyde Park Ventures to launch a service for small and regional accounting firms that reminds their clients of the documents they need to provide for a job.
Washington, US-based tech firm Flat World, a company that aims to make more affordable digital versions of college textbooks, raised $9.5 million in a funding round led by Bessemer Venture Partners.
London-based entrepreneur George Burgess secured $1 million (£604,000) in funding for the next project to develop a mobile app called Gojimo that helps high school students pass their exams.
Blue Bottle Coffee was able to raise a $25.7 million investment in a financing round led by Morgan Stanley Investment Management, a source told TechCrunch.
Marketing intelligence solutions provider Origami Logic secured $15 million for its Series B financing round led by venture capital firm Jafco Ventures and joined by existing investors.
US-based private equity firm The Carlyle Group invested an undisclosed sum in Ireland-based chocolate maker Lily O'Brien's for the expansion of the latter's global consumer reach.
Glasgow, Scotland-based formal hirewear supplier ACS Clothing bagged £8.5 million in funding from London, UK-based investor Business Growth Fund (BGF) for the expansion of its online activities.
