Germany-based new digital currency NoFiatCoin (XNF) is backed by gold and silver bullion to give digital currency the added security of the value of precious metals, in case the everything goes down.
Investors
Soros Fund Management divests stake in JC Penney
Soros Fund Management sold the stake it held in retailer JC Penney, liquidating 19.98 million shares, in the final quarter of last year, Reuters reported citing a regulatory filing.
Berkeley-based biotech startup Exogen turns to crowdfunding
Berkeley, US-based biotech startup Exogen Biotechnology turned to crowdfunding to raise money for its DNA damage measuring technology amid shortage of venture capitalists investing in biotech firms.
Silver Lake in exclusive talks to divest Serena Software Inc to private equity firm- sources
Silver Lake is already in advanced talks with private equity firm HGGC LLC to exit information technology management firm Serena Software Inc, according to four sources interviewed by Reuters.
Irish online jewelry firm Coldlilies snags $50K in funding
Dublin, Ireland-based online jewelry retailer Coldlilies snagged $50,000 in funding from Enterprise Ireland's Competitive Start Fund fr female entrepreneurs to begin next phase of the business.
Latest News
E-commerce giant eBay and iPhone maker Apple Inc were beloved bets among top US hedge funds like that of activist investor Carl Icahn in the fourth quarter of last year, Reuters reported.
Miami, Florida-based healthcare analytics startup QualMetrix raised an undisclosed amount in its Series A funding round to continue its expansion efforts through acquisition of other related companies.
Ivanpah Solar Electric Generating System, the biggest solar thermal power plant in the world, opened in the Mojave Desert on Thursday with the help of the technology provided by BrightSource Energy and the $1.6 billion loan guarantee from the Department of Energy.
Hedge funds planning to participate in the bond offering of Puerto Rico are asking the commonwealth to raise enough capital to last for two years and give up its sovereign immunity, according to sources interviewed by Bloomberg.
Arizona, US-based lending startup BodeTree offered its analytics and automated funding services for free to help small businesses in the country secure funding from local banks
US-based angel investor and Wine Library TV founder Gary Vaynernuck partnered with RSE Ventures cofounder Matt Higgins to launch a $25 million seed fund called Vayner RSE which they might be used to start a new brand of wine.
Oregon Angel Fund led the $1.7 million round "Series Seed" round for Marshall Kirkpatrick's social marketing startup Little Bird, bringing the company's total funds raised to date to $2.7 million, TechCrunch reported.
France has become friendlier with young firms as it substantially raises the limits of Kickstarter-like crowdfunding and equity crowdfunding campaigns of French startups to $1.4 million respectively each year, TechCrunch reported.
San Francisco, US-based online nanny marketplace UrbanSitter raised $15 million in Series B funding to expand its marketing efforts and continue connecting US families with qualified nannies.
