The global satellite services would be expanded through the capital investment of I2BF Global Ventures in Dauria Aerospace.
Institutional investors
QInvest focuses on business strengths with new CEO
Under the leadership of CEO Tamim Al-Kawari, QInvest would move away from its non essential businesses to focus on buyouts and buyins for Qatari companies.
Medtronic, Apollo Hospitals ink joint venture for low-cost hemodialysis treatment
Medtronic Inc and Apollo Hospitals Enterprise formed a joint venture for the development of a low-cost and portable hemodialysis treatment for developing countries.
A one day-old startup may sell for USD1 billion in the near future- TheNextWeb founder
TheNextWeb co-founder Boris Veldhuijzen van Zanten was confident in early-stage startups achieving entrepreneurial success in as short as a weekend or one day.
Flipkart, India's Amazon, raises additional USD160 million in funding
Flipkart, the largest e-commerce marketplace in India, had raised USD360 million total in investments from its recent funding round.
Latest News
Molecular Templates scored USD 8.5 million in its Series C round led by Excel Venture Management. Biopharmaceutical company Molecular Templates Inc closed its Series C financing with USD 8.
Two major names, R Stephen Hannahs and Two Sigma Private Investments, announce the formation of Wings Capital Partners.
Lime Rock closed its third fund with USD 750 million in capital commitments. Private equity company Lime Rock said it was able to close Lime Rock Resources III with capital commitments amounting to USD 750 million.
Google Ventures led the Series B funding round for software firm Enterproid, of which the round raised USD12 million.
Software company Fenergo raised EUR 4 million from Investec Ventures-backed Ulster Bank Diageo Venture Fund.
Pamlico Capital closed Pamlico Capital III with USD 650 million in an oversubscribed round. Pamlico Capital announced it was able to close Pamlico Capital III with USD 650 million.
Forward Investment Partners participates in USD 2.8 million seed funding round for Wool and the Gang
Forward Investment Partners joined other private equity firms in the USD 2.8 million seed funding round for Wool and the Gang.
The Guardian said the British government might increase the 30% Royal Mail share allocation it would be selling to small and public investors.
Albion Ventures had decided to invest in Aridhia for its cutting edge informatics platform. One of the largest venture capitalists in the United Kingdom, Albion Ventures, had led a substantial investment in health and biomedical informatics company Aridhia Informatics Ltd.
