Sean Parker, the first president of Facebok, broke off from California, US-based venture capital firm Founders Fund as a partner to devote more his time to his new projects.
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Angel Academe makes first investment in seed round of UK-based Buddybounce
Women-led angel investment network Angel Academe has invested in UK-based Buddybounce, a startup that seeks to help artists determine and reward their "super fans," TechCrunch reported.
Berjaya Philippines to buy half of London's RBW in PHP3.7M cash deal
Makati, Philippines-based holding firm Berjaya Philippines Inc will buy a 50% stake in London, UK-based property firm RBW Holdings Ltd in a cash deal valued at PHP3.7 million.
Presidential Innovation Fellows now open for applications
Applications are now being accepted for the third round of the Presidential Innovation Fellows program, the initiative that seeks to leverage on the expertise of the technology industry to improve the lives of Americans and government operations, VentureBeat reported.
Japan decides not to regulate Bitcoin transactions
After the collapse of Bitcoin exchange, the government of Japan decided not to regulate Bitcoin transactions because they do not consider it a currency, but a commodity that will be subject to sales tax.
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Bloodhound has become more focused, turning away from its previous business of creating software tools for events, and launching applications that give mobile lead capture services, TechCrunch reported.
Austin, Texas-based solar microinverter provider SolarBridge Technologies closed $42 million in a funding round led by Constellation Technology Ventures to drive its expansion efforts across North America and Australia.
London-based e-learning platform Quipper which makes Quipper School has bagged $5.8 million for its Series A2 fundraising round from Atomico, Benesse and other unnamed investors, TechCrunch reported.
San Francisco, US-based startup SeeSpace launched a $100,000 crowdfunding campaign via Kickstarter for InAIR, its new product that combines Internet and second screen functions.
Altitude Games, a fresh mobile gaming studio based in the Philippines, has received $275,000 for its seed funding round to help it create its "original IP in the midcore game space," TechCrunch reported.
A team of researchers from Daejeon, South Korea-based public research university Korea Advanced Institute of Science and Technology (KAIST) led by Professor Yoo Hoi-Jun have developed a head-mounted display (HMD) which is 30 times faster than Google Glass.
Oregon, US-based electric motorcycle manufacturer Brammo Inc landed $9.5 million in an on-going Series D funding round from Terracap Ventures and Aviva Investors amid efforts to cut cost and increase profitability.
Venture capital investment in New York City for the first quarter of 2014 has reached a record of $1.3 billion to date, with startups in the Big Apple raising nearly $200 million in the past two days alone, TechCrunch reported.
Basketball superstar Shaquille O'Neal launched a $450,000 crowdfunding campaign via Indiegogo to redeem himself in the gaming arena and create a follow-up of the Shaq Fu video game which was released in 1994 and was heavily criticized for being a big flop.
