Entrepreneurs’ most frequent complaint is how challenging it is to raise money, especially risk capital; founders in developing countries have even more difficulty since the amounts of venture money for investment in most emerging markets is less vs. the USA.
Investors
Beat the Q bags $1M in funding to partially fund acquisition of Australian app eCoffeeCard
Waterloo, Australia-based mobile payment startup Beat the Q bagged $1 million in funding from high-net worth individuals to partially fund its planned acquisition of Sydney-based loyalty app eCoffeeCard.
Warner Bros mulls investing $10M to $15M in YouTube game video site Machinima
Burbank, US-based movie company Warner Bros is mulling over a $10 million to $15 million investment in YouTube game-focused web video site Machinima, according to a report by the Wall Street Journal (WSJ).
Smarterer gets additional $1.6M in round led by Rethink Education
Smarterer, a startup based in Boston that provides jobseekers with a way to measure their skills in different subjects through online tests, has landed an additional capital of $1.6 million in a round led by Rethink Education, TechCrunch reported.
Nok Nok Labs secure $16.5M in new funding round for new online authentication services
Nok Nok Labs secured $16.5 million in its latest funding round from Lenovo, DCM and Onset Ventures as it seeks to move online authentication beyond usernames and passwords, VentureBeat reported.
Latest News
Venice, US-based brand and content management software maker ZEFR pocketed $30 million in a Series D financing round led by Institutional Venture Partners (IVP) for its international expansion and product development.
For-profit social enterprise d.light obtained $11 million for its Series C funding round participated in by DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures.
For its first institutional funding round, Palo Alto, California-based Workboard Inc secured $2.75 million. The round was led by Granite Ventures and Opus Capital and joined in by Crosslink and Shea Ventures, VentureBeat reported.
Mumbai, India-based private equity fund manager ASK Pravi Equity Opportunities Fund picked up a minority stake in Chandigarh-based children's clothing firm Indian Clothing League Pvt Ltd for INR50 crore ($8.08 million).
Spree Commerce, a maker of open source software that enables online retailers to build their own online storefronts, grabbed $5 million in its Series B round, VentureBeat reported.
Seoul, South Korea-based pop music publisher SM Entertainment invested an undisclosed amount to acquire shares in indie label BALJUNSO to contribute to the globalization of K-Pop's indie sector.
Mountain View, US-based mobile marketing startup Kahuna bagged $11 million in a Series A funding round from Sequoia Capital to create more effective marketing messages to customers.
Mumbai, India-based impact investment fund Ankur Capital shelled out INR50 lakh for a 30% stake in each of the Indian rural startups cloud farm-management systems firm Cropln, home compost company Daily Dump, and eye-care service provider ERC.
Bayside Capital, an affiliate of private equity firm H.I.G. Capital, has bought the Hilton Hotel in London Docklands from Pandox AB for an undisclosed price.
