Although they have remained silent for the good part of 2013, venture capitalists are now going back to China as the IPO market opens, but strategic investors are offering tough competition, The Wall Street Journal blog Venture Capital Dispatch reported.
Institutional investors
MyActivityPal Inc secures $5M in Series A from Indiabulls Group's Sameer Gehlaut
Sameer Gehlaut, the Chairman and Co-Founder of Indiabulls Group, backed stealth mobile messaging and social networking startup MyActivityPal Inc with a $5 million investment for its Series A found.
San Franciso-based Cotap snags $10M in Series B led by Emergence Capital Partners
Secure mobile messaging app for enterprises Cotap raised $10 million for its Series B funding round led by Emergence Capital Partners. So far, the latest proceeds brought to $15.5 million Cotap's total funds raised.
Silicon Valley-based RenovoRx Inc closes Series B round led by Golden Seeds
RenovoRx Inc, a privately-held medical device maker, closed its series B funding round with $1.15 million. The financing was led by one of the largest angel groups in the US, Golden Seeds.
Canada's Jamieson Laboratories to be sold to CCMP Capital Advisors
Jamieson Laboratories, the largest manufacturer and distributor of natural health products in Canada, will be purchased by CCMP Capital Advisors. Terms of the deal were not disclosed.
Latest News
Ventureast Tenet Fund, together with angel investors, invested $3 million for the expansion of Bangalore, India-based medical device maker OneBreath into India, Eastern Europe, and Africa.
San Francisco, US-based photo sharing website Pinterest launched its "Interests" page today to help users find exactly what they like, as part of its goal to expand the website and search capability.
Massachusetts, US-based data warehousing and analytics firm Health Catalyst secured $41 million in a Series C funding round from existing investors to develop more clinical applications.
Venture capitalist and co-founder of Kleiner Perkins Caufield Byers Tom Perkins says he regretted comparing the rich to the Jewish victims of Nazi Germany in an interview with Emily Chang of Bloomberg West TV, VentureBeat reported.
Charlottesville, Virginia-based wind power developer Apex Clean Energy Inc raised around $4.4 million in the latest stage of its $25-million equity funding round which started last year.
Custom 3D-printed insole maker SOLS closed its seed funding round with $1.75 million. Led by Lux Capital, other investors also participated in the financing round for the firm that aims to provide wearers with the perfect fit and better performance, TechCrunch reported.
Vint was able to secure seed funding worth $1.8 million led by Nordics VC Creandum and joined in by other venture capital firms and angel investors, including Zumba investor David Giampaolo.
Uppsala, Sweden-based program development tool Hansoft pocketed $8.4 million in its first round of funding led by Stockholm-based venture capitalist Spotify Creandum to support its sales and expansion programs.
Hamburg, Germany-based credit and loans startup Kreditech bagged $15 million in debt funding from Kreos Capital to finance consumer lending and expansion in Europe, Oceania, and Latin America.
