Harvard-born startup HourlyNerd would announce on Thursday that it had received USD750,000 in its seed funding round, the most significant investment coming from ABC's venture capital reality show "Shark Tank" star and billionaire Marc Cuban.
Growth Equity
PE firms take stake in The Coffee Bean & Tea Leaf
Private equity firms including Advent International and CDIB Capital agreed to buy a large stake in coffee and tea retailer, The Coffee Bean & Tea Leaf without disclosing the financial terms of the transaction.
ERMS Corp announces second investment round
In its second investment funding round, ERMS Corp raised USD3.5 million. The second round of major investment funding from its shareholders was recently concluded by the ERMS Corporation.
NetMediaEurope expands international portfolio through acquisition
NetMediaEurope acquired online technology news outlet B!T as it expands its international portfolio across Europe.
Maker Studios raised USD26 million for offshore expansion
Youtube network company Maker Studios recently concluded its Series C funding that it had started in December last year with an additional USD26 million in commitments.
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Sources told Reuters that electronics maker Sharp Corp. would be raising USD1.7 billion to keep itself afloat until the end of the business year in March next year.
Newell Rubbermaid Inc. announced today it had closed the sale of its hardware businesses with gross proceeds valued USD214 million.
Creative Learning subsidiary BFK Franchise Company, LLC had announced that it would be selling a Master Franchise to Blockheads Ltd.
After the fall of the iconic Twin Towers building in 2001 due to terrorist attacks, the city of New York had funded the reconstruction with USD250 million cash and USD1 billion sale of bonds.
ALung Technologies closed its Series B-1 financing with USD 15.8 million to commercialize its Hemolung Respiratory Assist System.
Skuldtech announced that it had secured additional funding from Bpifrance worth EUR 1 million to develop a new therapy for Alzheimer's.
La Française announced that it had entered into a strategic partnership with global real estate investment management firm Forum Partners.
Premier Li Keqiang said the Chinese economy was stable and that reforms would push through as planned.
Voters rejected the casino proposal of Hard Rock International for West Springfield, Massachusetts. The casino proposal of Hard International for West Springfield, Massachusetts was rejected by voters in West Springfield, Massachusetts.
