Xenex Disinfection Services, the company that launched robotic technology for disinfection of hospital rooms, has secured USD11.3 million in funding boost from private sources and venture capital firms.
Investors
Moderna raises USD110 million to develop messenger RNA Therapeutics
US-based pharmaceutical company Moderna Therapeutics announced its completion of a new funding round worth USD110 million for the development of its messenger ribonucleic (RNA) Therapeutics.
New York comptroller faces uphill battle to reduce management fees of pension funds- report
Incoming New York comptroller Scott Stringer will be faced with the challenge of bringing down the management fees paid by the city's five pension funds when he assumes office in January, a Bloomberg report said.
Vena inks deal to sell Uranium assets to Azincourt Uranium
Vena Resources Inc agreed to sell its 50% stake in Minergia SAC, the company's joint venture with Cameco Global Exploration Ltd, to Azincourt Uranium Inc.
TapCommerce raises USD 10.5 million to compete in the mobile ad retargeting
Mobile ad retargeting startup TapCommerce's USD 10 million funding was raised via an investing round led by Bain Capital Ventures and RRE Ventures, with a strategic investment from Nielsen Ventures and participation from existing backers.
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A survey done by Worthworm showed the frustrations of angel investors who regretted making investments in 2013. Angel investors also gave their thoughts about overly optimistic financial projections.
Slouchy zip hoodie maker American Giant collected USD3.6 million in a recent USD2.5 million funding round, raising over USD1 million than what the company expected.
A flush of mergers and acquisitions was expected to come in as early as the end of the year, according to a report from financial news magazine Barron's.
Spotify AB has successfully secured about USD 250 million in new financing that values the music-streaming company much higher than USD 4 billion, according to sources. With this in mind, Spotify is now almost shoulder to shoulder with Pandora, which went public in 2011 and is currently valued at USD 5.7 billion.
Strategic investors were said to be in discussions to buy a majority stake in Vasan Healthcare, which operates eye care hospitals and dental centers in India.
David Tepper of Appaloosa Management said equity markets are not inflated. Tepper spoke with Bloomberg Television's Stephanie Ruhle at an investors conference in New York.
Texas-based browser security company Quarri raised USD2.35 million in its first funding round today to improve its products, expand internationally, and add more people to its workforce.
Charter Communications was reportedly nearing an agreement with investment banks to borrow money for its bid for Time Warner Cable Inc. Charter has held talks with Bank of America Corp., Barclays Plc and Deutsche Bank AG.
Wevorce has announced that it has received USD1.7 million in new seed funding from investors such as Foundation Capital and Sam Altman. This brings the startup's total funding, which launched out of Y Combinator last March 2013, to USD2 million.
