Innovation company 3M has supported Chilean firm Lixivia. The investment was made through 3M's New Ventures Business but terms of the deal were not disclosed.
North America
Carrot launches new judgmental weight-loss app Carrot Fit
Carrot, the family of apps that helps people manage daily goals and tasks, launched Carrot Fit on iTunes, a judgmental and sarcastic talking app that helps user track weight loss with a combination of rewards and punishments.
Venture capital looks to Canada this year, says Mohr Davidow Ventures General Partner Katherine Barr
In her guest post at VentureBeat, Mohr Davidow Ventures General Partner Katherine Barr believes that venture capitalists are going to be setting their sights in Canada this year
California tech firm Tango crowdfunds smartphone-sized portable PC
California, US-based tech firm Tango launched a crowdfunding project on Indiegogo for its new portable computer, which is just the size of a smartphone and the capacity of a full quad-core Windows PC.
Qualtrics receives $70 million in funding after waiting 12 years
Bootstrapping first and waiting before finally agreeing to financing from venture capital was beneficial for Qualtrics, an enterprise survey provider, according to its CEO Ryan Smith in an interview with Entrepreneur.
Latest News
Private equity firm Vector Capital has acquired and made a growth equity investment in cloud-based application lifecycle management solutions provider CollabNet Inc. Financial terms of both deals were not provided.
While incumbent California Governor Jerry Brown has not expressed his plans to run again, donors like Exxon Mobile, Facebook Inc and Microsoft Corp have contributed to his campaign chest, Bloomberg reported.
Coupons.com, the online coupon firm backed by T. Rowe Price Group Inc and Passport Ventures, has filed for an IPO of up to $100 million with the US Securities and Exchange Commission, Reuters reported.
Applications filed with the US Department of Transportation by Easter Air Lines Group Inc in order to take the long-defunct Eastern Air back to the skies again, Reuters again.
Activist investor Daniel Loeb's Third Point Llc can no longer count on Rhode Island as one of its clients after the state's Investment Commission voted to pull out its investment in the hedge fund, Reuters reported.
Water technology investments have not been popular, but the threat of drought and concerns about a fast-growing population has started a slow change in this area, Gigaom reported.
Andrew Horsman, the principal of Canada-based green technology firm CleanTech Capital Inc resigned and is exiting his stake after the investment was reported by the Star, to avoid conflict of interest with his position as the head of the tire recycling programs in Ontario.
LightSquared Inc seemed to have marked a small milestone towards getting out of bankruptcy when on Friday, it told a state court that it has been working with its creditors regarding a plan to restructure the company's assets.
Apple Inc is facing claims amounting to $840 million from state attorneys general and plaintiffs, which included consumers, in lawsuits related to the pricing of electronic books, Bloomberg reported.
