Virtual View App, a London-based augmented reality startup for the property market, has bagged its first external funding round of $500,000 from unnamed backers, TechCrunch reported.
Sectors
Chennai Angels backs Indian education startup Skyfi Labs
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.
Jersey-based gold explorer Lydian pockets C$4.7M in private placement
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.
Canada-based PHEMI Health Systems bags $2.8M in seed round
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.
GeoPost to sell Romanian delivery businesses to Speedy for €15.3M
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.
Latest News
A new tax law in the UK that will take effect at the beginning of 2015 seeks to close a loophole that exempts online music, apps, and downloads from a 20% value added tax.
Bitcoin exchange platform Vircurex said it will stop withdrawals of digital currencies and freeze user accounts starting March 24, 2014, according to a statement on its website.
David Byttow, the Co-Founder and Chief Executive Officer of anonymous messaging app Secret, said his company is firmly against bullying even if he does not see a lot of cyberbullying in the platform now, TechCrunch reported.
Pune, India-based software services firm Persistent Systems used its venture capital fund to invest an undisclosed amount in California, US-based hand hygiene solutions startup Hyginex for its international expansion.
Boston, US-based enterprise data management startup Actifio scored $100 million in its Series B funding led by Tiger Global Management for its expansion with its valuation now reaching $1.1 billion.
As Microsoft pulls out support for Windows XP next month, financial firms and ATM operators are now looking to Windows 7 and Linux to power their machines, TechCrunch reported.
London, UK-based education startup Feynlabs is branching out to Miami, US to teach kids grown-up technology for programming and computer science using an accelerated learning approach.
San Jose, Costa Rica-based healthy food startup Natural Sins sells baked snacks made of real fruits and vegetables in a bid to help fight obesity.
Young Entrepreneurs Academy (YEA!), an entrepreneurship program for middle and high school students, awarded seed money to five startups in the Tuscaloosa, Alabama area after the student founders presented their business plans.
