New York-based Bitcoin fund Bitcoin Investment Trust has raised around $65 million in virtual currency after just two months in operation, according to the fund's founder.
Funding
US mobile firm Mocana gets $15M to secure the Internet of Things
San Francisco-based mobile security company Mocana has received $15 million from a funding round led by GE Ventures, to build out the company’s products that prevent hacking of Wi-Fi-enabled objects.
Private equity-backed Berry Plastics Group looks to refinance debt
A Bloomberg report said Berry Plastics Group Inc is seeking to refinance its debt, offering to pay 2.75 to 3 percentage points more than the London interbank offered rate.
Zubie raises $10M in Series A round
Zubie, a connected car service provider headquartered in South Carolina, raised $10 million for its Series A round led by Castrol innoVentures, Comporium Inc and OpenAir Equity.
Koru secures $4.35M in Series A round led by venture capital firm Maveron
Education startup Koru secured $4.35 million from Maveron and other investors to help transform the way recent college graduates prepare to work in the real world.
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Bangalore-based big data startup Spire Technogies reportedly secured $8 million in a Series A funding round to help its clients manage talent to expand into Asia and the US.
Austin-based mobile app maker Apptive announced it has secured $1 million in funding to fuel the expansion of its partnerships with online merchants and e-commerce platforms.
Ottawa, Canada-based e-commerce company Shopify has raised $100 million in a Series C funding round to help it transition to a commerce company that reaches the online and offline market.
Aliko Dangote, the richest man in Africa and Chief Executive of Nigerian company Dangote Group, plans to invest around $16 billion in cement, agriculture, and petrochemicals project in 18 countries over the next four years.
Switzerland's biggest bank, UBS AG, will be entering the property market in Australia through a joint venture with local developer Grocon Pty, a Bloomberg report said.
UK-based investment fund Pearson Affordable Learning Fund has backed Delhi-based education startup Avanti Learning Centres to develop a system that will help students from low-income families prepare for college entrance tests.
Savings search engine company Chippmunk was able to secure $750,000 for its seed funding round from veteran angel investors in Silicon Valley and Los Angeles.
San Mateo, California-based firm American Efficient launched today with a $2.5-million funding it received from Clean Pacific Ventures to help US residents switch to renewable energy products and suppliers.
San Francisco-based smart kitchen company The Orange Chef has received $1.2 million in funding from Google Ventures and Sparklabs Global Ventures to develop more connected kitchen devices.
