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.
Sectors
DreamIt Ventures Austin partners with AngelList for new microfund
DreamIt Ventures Austin has rolled out a new microfund this week together with AngelList to give additional funding to the nine startups in its accelerator program, VentureBeat reported.
Sean Parker breaks off from American venture firm Founders Fund
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.
Bloodhound streamlines service with release of mobile lead capture app
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.
US-based solar microinverter provider SolarBridge closes $42M in funding
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.
Latest News
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.
The Linux Foundation will make its "Introduction to Linux" course available to anyone who wishes to learn about the open source software for free on the edX platform VentureBeat reported.
Former US Representative William Delahunt said medical marijuana is "not the golden calf" and he does not expect profits for the next several years from his medical marijuana dispensaries, the Cape Cod Times reported.
Microsoft is definitely not a startup but one team inside the technology giant is striving to encourage the promotion of new ideas through its "bing Incubation Project," VentureBeat reported.
New York, US-based matchmaking startup The Dating Ring has launched a $10,000 crowdfunding campaign on Crowdtilt to fly single women to San Francisco and single men to New York for a cross-country date.
An agreement was entered into between Walt Disney Studios and Shanghai Media Group Pictures to allow writers and filmmakers in the US and China to work together in producing Disney movies with Chinese themes, Reuters reported.
