Institutional investors

Washington-based tech firm Flat World raises $9.5M in funding to make textbooks cheaper

Washington, US-based tech firm Flat World, a company that aims to make more affordable digital versions of college textbooks, raised $9.5 million in a funding round led by Bessemer Venture Partners.


Venture-backed HowAboutWe.com acquires Nerve.com for undisclosed amount

HowAboutWe.com, a digital lifestyle firm backed venture capital firms, said it had acquired Nerve.com and launched its independent lifestyle media network and advertising division HowAboutWe Media.

London entrepreneur secures $1M to fund educational app Gojimo

London-based entrepreneur George Burgess secured $1 million (£604,000) in funding for the next project to develop a mobile app called Gojimo that helps high school students pass their exams.

Blue Bottle Coffee raises $25.7M

Blue Bottle Coffee was able to raise a $25.7 million investment in a financing round led by Morgan Stanley Investment Management, a source told TechCrunch.


Latest News

US-based private equity firm The Carlyle Group invested an undisclosed sum in Ireland-based chocolate maker Lily O'Brien's for the expansion of the latter's global consumer reach.
Nordic mid-market private equity firm CapMan Buyout picked up a majority stake in Finland-based luxury and lifestyle hotel chain Kamp Group for an undisclosed sum for the expansion of the group's operations.
Glasgow, Scotland-based formal hirewear supplier ACS Clothing bagged £8.5 million in funding from London, UK-based investor Business Growth Fund (BGF) for the expansion of its online activities.
Denver, Colorado-based online market research firm GutCheck secured $4 million in a funding round led by Icon Venture Partners to test out the potential of different business ideas.
San Francisco, California-based credit card wallet Coin is currently raising around $15 million in a Series A financing round, according to several sources knowledgeable on the situation.
In its first outside funding round, Medium, the blogging platform that Twitter co-founder Ev Williams established, raised $25 million from Greylock Partners and other investors.
Crowdfunding platform Indiegogo raised another $40 million in fresh capital from US private equity firms, which include Institutional Venture Partners and KPCB, CBC News said in its report.
A growing number of hedge funds and institutional investors are acquiring non-performing loans from banks and federal agencies who can no longer keep them due to expensive holding costs of such loans, Bloomberg said in its report.
Igenica Inc, the biopharmaceutical firm dedicated to developing antibodies and antibody-drug conjugates to treat the Big C, obtained $14 million in its Series C extension round.
Sightly was able to obtain $1.7 million in seed funds in a round led by Mac Capital and participated in by other investors which included Tomorrow Ventures and 500 Startups.
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