Angel investors are saving the upstarts in the UK, according to a Deloitte poll. Recent studies show that a new breed of 'super angel investors' are driving the United Kingdom's economic growth by filling the void left by the absence of traditional venture funds for upstart firms.
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China's richest man plans IPO of mall business
China's richest man planned to offer an IPO of mall business. China's richest man, Zong Qinghou, planned an initial public offering for his mall business.
Arthur Ventures closes US$45 million venture fund
Arthur Ventures announced the closure of their new US$45 million venture fund. Arthur Ventures reported the completion of Arthur Ventures Growth Fund II, L.
Private equity companies introduce open ended mutual funds
KKR and Blackstone started open ended mutual funds to attract individual investors. Kohlberg Kravis Roberts had introduced to individual investors an open-end mutual fund and now, one of the United States' biggest private equity firm, Blackstone is doing it too.
Multimedia Plus gets private financing and new board of director
Multimedia Plus announced the successful conclusion of their private financing with individual investors. Seperately, the company also announced that Ernest Pomerantz has joined the company's board of directors.
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Groupize raised US$2 million in its latest Series A fundraiser. Groupize, a travel booking engine provider, announced on Wednesday that it received US$2 million is Series A funding.
Due to Carlos Slim's mega investment, analysts believe that app developer Shazam will gain access to millions of Latin American customers.
Gerri Greenham announced that he acquired shares in Solarvest Gerri Greenham announced that they have acquired shares in Solarvest BioEnergy Inc. The transaction was made to a pursuant of a private placement at US$.
Fancy raised US$53 million for international expansion of its current social commerce platform. The social commerce platform Fancy raised US$53 million, according to Bloomberg.
Trustees will gain control over Ma' ariv if Shlomo Ben-Tzvi decides to stop backing the newspaper.
Michael Dell's offer was backed by the Institutional Shareholders Services. Dell Inc announced today that proxy investment advisory firm ISS recommended the US$24.
Investors from France are cutting back on investments due to fears of high interest and foreign competition.
Real estate investment firm experts Martin Bronstein and Raplh Howard form new company BHW Former founders of Houston based Situs, Martin Bronstein and Ralph Howard announced the formation of BHW, a commercial real estate investment firm.
Smartphone app developer Shazam received US$40 million worth of investment from billionaire Carlos Slim.
