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.
Investors
Virginia's Apex Clean Energy raises $4.4M in equity funding
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.
3D-printed shoe insoles printer SOLS closes seed funding round with $1.75M led by Lux Capital
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.
Dell's deal with MakerBot may put 3D printing on mainstream
Dell announced that it will start carrying MakerBot's 3D printers and scanners - a deal that may remove 3D printing in the niche industry and push the technology into mainstream.
Swedish startup Vint raises $1.8M in seed round
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.
Latest News
Redwood City, California-based cloud contact center and customer solutions provider LiveOps Inc has purchased UserEvents and its product called CxEngage. The acquisition enables LiveOps to enhance its Cloud Platform.
The forecasts of the ongoing cold weather in several US key cities has made investors increase their bets on US natural gas futures.
A group of strategic investors which included European utility company E.ON., Foundation Capital and Voyager Capital, led the Series C funding round for AutoGrid Systems which raised $12.75 million.
TigerText, a real-time messaging provider for the enterprise, has closed its Series B round led by Shasta Ventures with $21 million. New and existing investors also participated in the financing.
Leading event technology and audiovisual firm PSAV has been acquired by private equity firms Olympus Partners and Goldman Sachs. Financial details of the deal were not provided.
Hutton Collins, a provider of preferred capital, will be investing €50 million in the form of a subordinated loan and minority equity interest in Dedalus Group, a healthcare IT systems company based in Italy.
According to a private equity official, the private equity industry in Sri Lanka is interested in backing small and mid-sized firms that have a winning business model and a plan for growth, the Lanka Business Online reported.
Singapore-listed investment holding company Yoma Strategic Holdings agreed to pick up a 30% stake in Myanmar-based consumer goods firm Asia Beverages Co in a deal valued at $11.1 million (S$14.2 million).
Bangalore, India-based cloud-based video infrastructure operator Turtle Yogi Technologies raised between $250,000 and $350,000 in a seed funding round led by venture capital firm Blume Ventures, to build on the sales of its flagship product 1Click.io.
