Investment advisor Jemstep said it was able to add USD 4.5 million for its Series A follow-up round.
Sectors
Divers find human remains in Costa Concordia
Divers found human remains around the site where the Costa Concordia capsized last year. Franco Gabrielli, the Head of Italy's Civil Protection Agency, said divers had recovered bodies from the site where the Costa Concordia sank last year in the sea off Tuscany.
Fiat-Chrysler Merger far from fruition according to CEO
Fiat and Chrysler CEO Sergio Marchionne are far from reaching a settlement on the pricing conflict as to the health care trust fund's shareholdings.
Intellectual Ventures needs to raise USD3 billion to lift patent buying limits - sources
Multiple sources and data from purchasing contracts indicated that Intellectual Ventures had slowed down in its patent buying to raise USD3 billion in capital.
DONG Energy's divestment may lead to credit rating review
Credit analysts said that the divestment of DONG Energy's 26% stake to two funds managed by Goldman Sachs and two Danish pension funds may lead to a reassessment of its negative credit outlook.
Latest News
Aqua Capital said it was able to close its Agribusiness & Food Fund with USD 173.4 million. Private equity firm Aqua Capital announced the close of its Agribusiness & Food Fund, of which had gathered USD 173.
Veeva Systems Inc filed for a USD 182.6 million IPO in the New York Stock Exchange. Cloud computing company Veeva Systems Inc filed for an initial public offering to raise up to USD 182.
Under the joint venture agreement, Essar Energy can exercise a USD5 million option to sell its shareholdings in the joint venture project with the Kenyan government.
Veeva's cloud software solutions expansion would go full blast after the capital infusion post-IPO.
Blackstone completed its acquisition of Multi Corporation. Private equity firm Blackstone recently finalized its purchase of Multi Corporation, a Netherlands-based shopping center.
Protein Bar disclosed receipt of capital funding from consumer-focused private equity firm Catterton Partners.
BlueCrest Capital Management hired Marcel Kfoury after the resignation of Michael Platt, said a Reuters report.
UBS AG’s unit would open its first hedge fund focused on Asia later this year, according to two people who were familiar with the matter.
TCS Group Holding would be holding an IPO in London for its retail banking unit. TCS Group Holding Plc bared its plans to conduct an initial public offering in London for Tinkoff Credit Systems Bank.
