Hospitality/Food
American wine app Drync lands $2.1M in funding
Boston, Massachusetts-based wine discovery mobile app Drync landed $2.1 million in a funding round from institutional and angel investors to build its wine shopping platform.
LT Group increases stake in Philippine sugar mill Victorias Milling
Philippine consortium LT Group Inc (LTG) increased its stake in Negros Occidental-based integrated sugar mill and refinery Victorias Milling Company Inc (VMC) from 7.4% to 14.8% for an undisclosed amount.
Irish home beer-brewing appliance Brewbot bags £82K from Invest NI
Belfast, Ireland-based home-brewing firm Cargo bagged £82,000 in funding from Invest North Ireland (NI) for the development and marketing of its smartphone-controlled beer-making robot Brewbot.
US agricultural biotech firm BioConsortia takes home $15M in Series B funding
Davis, California-based agricultural biotech firm BioConsortia Inc took hoe $15 million in a Series B funding led by Khosla Ventures and Otter Capital to accelerate the commercialization of its crops.