San Jose, US-based networking giant Cisco invested $6 million in the Badia Impact Fund to back tech startups in Jordan as part of a $10 million venture capital investment already committed in May 2011.
Healthcare Health/Fitness
Electronic cigarette maker NJOY gets $70M in private funding round
E-cig maker NJOY secured $70 million from Brookside Capital and Morgan Stanley Investment Management in a private round, The New York Times The Dealook reported.
Ankur Capital backs three rural startups in India
Mumbai, India-based impact investment fund Ankur Capital shelled out INR50 lakh for a 30% stake in each of the Indian rural startups cloud farm-management systems firm Cropln, home compost company Daily Dump, and eye-care service provider ERC.
US startup GOQii adds human touch to fitness tracking
Menlo Park, US-based fitness startup GOQii is helping people stay motivated with their healthy endeavors by combining its fitness wristband with human coaches who will provide advice and help them set their health objectives.
Online eye exam startup Opternative gets $1M to provide glasses prescription directly from the computer
Opternative, a Chicago-based startup, bagged $1 million in seed funding from Tribeca Venture Partners and Chicago Ventures does away with the need to have an in-person eye exam, TechCrunch reported.
Latest News
Chinese gadget maker Huawei unveiled five new devices during the Mobile World Congress tradeshow held in Barcelona, including two tablets, one smartphone, one smartband, and a fast mobile Wi-Fi device.
San Francisco, US-based fitness tracking firm Fitbit issued a voluntary recall of its wristband activity tracker Fitbit Force after a small percentage of users reported skin irritation, and promised to release a new version of the product.
San Luis Obispo, US-based health and wellness software firm Mindbody picked up $50 million in a funding round led by W Capital Partners to boost its web and mobile offerings for health clubs and yoga studios.
Procter & Gamble Co will be rolling out the world's first smart toothbrush, a brush that is connected to a smartphone app that will provide users with real-time advice on how to improve their brushing habits, Reuters reported.
Weight loss app MyFitnessPal has acquired Sessions, a Rock Health-backed startup that has developed an app that connects individuals with fitness experts who encourage accountability in their workouts, VentureBeat reported.
Medical and pharmaceutical firm GE Healthcare Finland is planning to free up several floors in its Helsinki complex to transform the area into a corporate space where startups can collaborate and hold office.
Health and lifestyle investors Tripp Baird and Vishal Vasishth are in the process of raising $150 million for their Builders Fund in San Francisco, based on a document filed with the Securities and Exchange Commission (SEC).
San Francisco, California-based wearable tech firm Basis Science put itself up for sale and is currently in acquisition talks with Google, Apple, Samsung, and Microsoft, according to two sources familiar with the situation.
The single largest stock holding of Soros Fund Management in the fourth quarter is Israeli drugmaker Teva Pharmaceutical Industries Ltd, Reuters reported citing a February 14 filing with the US Securities and Exchange Commission.
