Venice, California-based online vitamin seller SmartyPants Vitamins bagged $2.2 million in a new capital raising via San Francisco-based equity crowdfunding platform CircleUp to develop new products and expand its workforce.
Investors
Planday pockets $3.75 mln for international expansion
European-based Planday raises $3.75 million in seed funding through sole investor Creandum. Christian Brondum, CEO of Planday, describes the new partnership:
Southtech Capital Corporation Announces Proposed Qualifying Transaction Involving Redfall Technologies Inc.
Southtech Capital Corporation ("Southtech") (TSX VENTURE:STU.P) is pleased to announce that it has entered into an amalgamation agreement dated May 7, 2014 (the "Agreement") with Redfall Technologies Inc. ("Redfall"), a private corporation incorporated under the laws of Alberta, to complete a Qualifying Transaction (the "Qualifying Transaction"), as such term is defined by the TSX Venture Exchange (the "Exchange").
US web design platform Smore raises $1.7M in seed funding
Palo Alto, California-based single-page promotional website design platform raised $1.7 million in a seed funding round ledyby Founder's Co-op to expand its market reach, improve its products, and enable mobile content creation.
French car rental startup Drivy secures $8.3M in funding for European expansion
Paris-l’hospital, France-based car rental startup Drivy secured $8.3 million (€6 million) in a new funding round with Index Ventures and Alven Capital as lead investors to fuel its expansion in Europe.
Latest News
Atlanta, Georgia-based e-commerce lending firm Kabbage Inc landed $50 million in its Series D financing led by SoftBank Capital to provide $500 million worth of loans for small online businesses by the end of 2014.
San Francisco, US-based peer-to-peer lending marketplace pioneer Prosper raised $70 million in a funding round led by private equity firm Francisco Partners to build its business and fuel its growth.
Perth, Australia-based publicly listed firm Liquefied Natural Gas (LNG) Ltd secured $49.5 million in a placement of 90 million shares to its Australian and new US investors at $0.55 apiece for development of its Magnolia LNG facility.
SupportPay has taken in $1.1 million led by Draper Associates and other financiers including Aspect Ventures, Broadway Angels and a personal investment from DJF co-founder Tim Draper.
Apple Inc. has acquired LuxVue Technology said sources familiar with the matter adding that the former could integrate LuxVue technology to its gadgets for longer battery life and better screen brightness.
Reston, Virginia-based social lending marketplace StreetShares bagged $1.2 million in its seed funding round with Accion Venture Lab as the lead investor to back veteran-owned and main street businesses after it launches this month.
New York, US-based taxi service Yellow Cab bought its younger rival Rochester Taxi Co, which is owned by Roba Bati, for an undisclosed amount in a deal that will bring the latter under the Best Ride brand later on.
Mining tycoon Andrew Forrest acquired Perth, Western Australia-based beef processor and exporter Harvey Beef for an undisclosed amount through his company Minderoo, and announced expansion plans for the newly-acquired firm.
Ridgefield Park, New Jersey-based camera and photography equipment manufacturer C&A Marketing Inc added the already-bankrupt Chicago, Illinois-based photo chain Calumet Photographic Inc for $4 million to rebuild the shuttered business.
