Masoud Kamali and Alexander Kölpin, Founders of WestTech Ventures, have introduced Project Flying Elephant, their incubator in Berlin that will focus on deep tech startups, VentureBeat reported.
Regions
BlackRock is latest to back Silicon Valley startup with mega deals
Private equity firms, hedge funds and mutual funds are taking part in mega deals in tech startups in Silicon Valley and BlackRock is the latest to join the fray, Bloomberg News reported.
Morgan Stanley shareholders await Fed's decision on share repurchase
Shareholders of Wall Street lender Morgan Stanley are looking forward to the decision of the US Federal Reserve if it will allow it to return capital to them via share repurchases, Reuters reported.
York Professional Baseball adds sports radio station WOYK
Pennsylvania-based York Professional Baseball Club LLC added sports radio station WOYK AM 1350 from WOYK Inc for an undisclosed amount in a deal that will turn the latter in to an affiliate of the Hershey Bears Radio Network.
Horizonte Minerals Plc to raise $15M for feasibility study for nickel mine
Horizonte Minerals Plc plans to raise $15 million to fund a final feasibility study aimed at getting investor support for its nickel project in Brazil, Bloomberg News reported.
Latest News
The merger of online video ad platforms Ebuzzing and Teads will create a global video ad group that will continue to provide complementary offerings to its clients, TechCrunch reported.
GIC, a sovereign wealth fund in Singapore that manages its foreign reserves, has supported UK-based Intelligent Energy Holdings with $63 million, a statement about the funding said.
In its first foray outside of North America for its premium video syndication platform, New York, US-based multinational mass media firm AOL Inc launched the AOL On Nework in the UK.
Silent Herdsman, the startup that has developed wearable technology to determine if cattle is in heat, has bagged £3 million in new funds from an investor syndicate, TechCrunch reported.
London, UK-based social shopping startup Nuji nabbed $2 million in a seed funding round from TAG, Seedcamp, Samos, and other angel investors to launch an iOS app this April.
The Chennai Labs (TCA) and Spark Capital backed Bangalore, India-based engineering education startup Skyfi Labs with an undisclosed amount for its expansion and product development.
Saint Helier, Jersey-based gold mining and minerals exploration Lydian International pocketed C$4.7 million in a private share sale to its shareholders International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (ERBD) to fund its operations in Armenia.
PHEMI Health Systems, a Canada-based big data platform, has bagged a seed funding round of $2.8 million from various investors, a statement about the funding said.
Bulgaria-based courier firm Speedy will acquire the delivery businesses of France-based firm GeoPost in Romania from LA Poste's GeoPost Group and Yurtichi Cargo Servizi AS for €15.3 million.
