Nanomix Inc, a California-based nanotechnology firm that develops next generation point-of-care diagnostic tests, received $12 million in private funding from "a strategic corporate partner and existing investors."
Investors
M&A in Southeast US rises 17% in 2013- report
The mergers and acquisitions activity in the Southeastern portion of the US rose 17% last year, according to data from Mergermarket Group news service, The Tennessean reported.
GPS app maker Telenav acquires Berlin-based startup Kobbler for $24M
Sunnyvale, US-based GPS app maker Telenav acquired Berlin, Germany-based navigation startup Skobbler in a deal valued at approximately $24 million in a combination of cash and common stock.
Foreign investors' appetite for deals are more frequent, leaner - data
Interest in lower end market deals in Europe by foreign investors had been seen growing, according to the latest data released by Mergermarket. Almost a third of the 169 deals involving foreign investors seen last year were made in the UK, with Germany and Spain a distant second and third.
Oakhurst Dairy sold to Missouri co-op Dairy Farmers of America
Northern England, US-based milk processor Oakhurst Dairy was sold to Kansas City, Missouri-based dairy farmer-owned cooperative Dairy Farmers of America (DFA) for an undisclosed sum because of the absence of a suitable person to run he business.
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San Francisco, US-based marketing startup BrightFunnel secured just under $1 million in advisory funding to build a product that generates smarter and more accurate sales predictions.
Mountain View, California based seed accelerator Y Combinator (YC) announced that it will restrict its partner investments until three weeks after demo day to give all its startups an equal chance to raise funds.
Munich, Germany-based secondhand clothes marketplace Vinted landed $27 million in a Series B funding round led by Insight Venture Partners and Accel Partners for its expansion to the US.
Boston, Massachusetts-based health startup ZappRx scored a further $1 million in funding to streamline the prescription process for patients with pulmonary arterial hypertension (PAH) by becoming their electronic link to the pharmacy.
Bangalore, India-based online fashion retailer Myntra raised $50 million in funding as it got approached by e-commerce giants Amazon and Flipkart as the round closed.
San Jose, California-based digital video recording (DVR) company TiVo announced that it will add Durham, North Carolina-based cloud-based content discovery service Digitalsmiths for an undisclosed amount.
European real estate asset manager SEB Asset Management bought ten-storey office and commercial structure Primegate, which is valued at JPY 5.5 billion (around €39 million).
BTC China, the biggest bitcoin exchange in the world, has begun allowing users to buy the digital currency using Chinese yuan again, just a month after it halted renmibi deposits because of a bank warning.
Bangalore, India-based startup Lumos Design Technology made unbreakable waterproof bags with a built-in battery than can charge mobile gadgets with the use of solar power.
