Seoul, South Korea-based early stage venture capital firm K-Cube Ventures has emerged as one of the key players in the country's startup industry with its quick and risky investment deals that focus on startups that offer unique solutions to existing problems.
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Carlyle invests in sub-Saharan African region valued USD698
US-listed fund manager Carlyle has invested USD698 million to the sub-Saharan Africa region aiming to focus in the consumer, transport, ICT and financial sectors and adding to J&J Africa, its current investment in the country.
BCX eyes acquisitions and investment opportunities in Africa
Midrand, South Africa-based innovative business solutions integrator Business Connexion (BCX) is eyeing additional acquisitions in Ghana and investment opportunities in the Kenya and Nigeria to widen its presence in the said markets.
Chinese startup Baoku pockets $10M in Series A round to help people reduce travel costs
Beijing, China-based travel and expense management services provider Baoku pocketed $10 million in its Series A funding round led by China Broadband Capital (CBC) and Asiainfo-Linkage to help people reduce their travel costs by 20% to 50%.
US-based health tech startup Keona bags $2.5M to fuel growth
Keona Health, a Chapel Hill, US-based health tech startup that created software that helps nurses save time by taking patient histories and classify cases online, bagged $2.5 million in funding to accelerate its growth.
Latest News
Hong Kong-based private equity firm EmergeVest picked up a controlling stake in Derbyshire, UK-based chilled and frozen food distributor NFT Distribution Operations for an undisclosed amount to expand its sales.
Canadian real estate investment firm Cannabis Rx reportedly purchased a 9.26-acre property near the Sarasota-Bradenton International Airport in Florida in a $1.2-million deal to turn it into a licensed grow facility or distribution center.
Although Google reportedly considered San Francisco, US-based mobile payments system Square Inc as a potential acquisition or merger candidate, the latter denied reports that it has entered acquisition talks with search giant.
Kuala Lumpur, Malaysia-based outsourcing startup Supahands wants to help Southeast Asian clients save time and gain focus for more important tasks by providing them with multi-lingual and home-based virtual assistants who can do various tasks for them.
A new mobile app and Chrome extension called FIO provides users with a simple way to track five of their chosen time zones at a time with corresponding colors to help frequent travelers cut through jet lag.
Singapore City, Singapore-based same-day hotel booking app In2Nite raised $2.8M in a venture round led by IDG Ventures and other undisclosed investors to expand its reach across the Asian market.
US-based search giant Google has just hired high profile biochemist Cynthia Kenyon of the University of California, San Francisco (UCSF) to be part of its secretive Project Calico which aims to come up with a way to extend the lifespan of humans.
Seattle, US-based entrepreneur Liz Havlin is set to launch a crowdfunding campaign via Kickstarter to raise $30,000 to develop a 3D printer called the Legacy that uses recycled colored plastic as ink.
Orlando, US-based sports footwear, apparel, and accessories maker Nike is about to cut off 70 out of the 200 members of its Digital Sport unit in a bold move to stop manufacturing hardware and focus its wearable tech efforts on software.
