Existing investors gave USD 21 million equity and debt financing to Inotek Pharmaceuticals. Inotek Pharmaceuticals Corp received USD 21 million in equity and debt financing from various private equity firms.
Sectors
Liftopia receives USD 5 million in Series D round
Liftopia scored USD 5 million in its recent Series D funding round. Online ski marketplace Liftopia received USD 5 million in Series D funding. Industry Ventures led the most recent funding round.
Catterton Partners makes significant investment in Piada Italian Street Food
Piada Italian Street Food announced that a significant investment was made to the company by Catterton Partners.
China's richest Wang Jianlin eyes Four Seasons, US hotels buyout
A Bloomberg report said China's richest man Wang Jianlin may be acquiring luxury brands such as the Four Seasons hotel chain in his quest to expand his company Dalian Wanda Group to the US.
RBS chooses group by Corsair and Centerbridge prior to branch sale
According to a statement today, a group led by private equity firms Corsair Capital LLC and Centerbridge Partners LP would be preferred by Royal Bank of Scotland Group Plc to purchase its 314 branches.
Latest News
BlackBerry sales continued to plunge even as the company seeks a USD 4.7 billion privatization deal.
New York City startup MakeSpace launched with USD 1.3 million in venture funding. New York-based MakeSpace received USD 1. 3 million in private equity funding to launch its storage-on-demand enterprise.
A source told Bloomberg that a unit of Goldman Sachs and two Denmark-based pension funds were close to purchasing a stake in Denmark utility Dong Energy.
The South China Morning Post reported the rejection of the Alibaba IPO led to calls for market reforms in Hong Kong.
Power Assets Holdings would be exiting its units in its Hong Kong electricity business for USD 5 billion, according to sources.
HTC Corp would be selling 24.84% of its stake in Beats Electronics for USD 265 million. Taiwan-based smartphone maker HTC Corp would be selling back the 24.
Safetica Technologies launched the its data loss protection program in the Philippines. Safetica Technologies had introduced its flagship data loss protection (DLP) software in the Philippines.
Former BASF SE executive Wolfgang Buechele would be replacing Linde AG current chief executive Wolfgang Reitzle next year, said the German company in a statement.
Analysts said Rockwood Holdings Inc had poised itself to be an attractive takeover target as it had sold USD4 billion of its businesses this year.
