Asian insurance industry investors see no sign of slowdown for fast growing market. A frenzy is underway in the Asian insurance industry and it has made many pay large sums so as not to miss opportunities to participate in the region's fastest growing market.
Tags: Investors
US$20 Million Secured by Atlantis Computing in Series D
Atlantis Computing secures US$20 million in series D capital financing. Last 15th of May, 2013, Atlantis Computing announced the conclusion of its Series D financial infusion round securing US$20 million.
Zoove Corp Secured US$15 Million from Current Investors
Zoove Corp secures another US$15 million from current investor pool. Zoove Corporation disclosed in an announcement that it was able to get a calculated investment of US$15 million from its current Series D investors Panorama Capital and Rogers Venture Partners.
Investors Back Away from Sunday People
Discussions with investors for Sunday People have bogged down without any final agreement. Talks with investors to purchase Sunday People from Trinity Mirror ended, thus shelving plans to make the British tabloid into a new look newspaper.
Additional Financing Raised by NeuroPhage
Neurophage receives US$6.4 million as investment capital. NeuroPhage disclosed in an announcement that it was able to accumulate a US$6. 4 million from its round of private equity growth fund.
Latest News
Private investors acquire Bennett Tool and Die Co. A conglomerate of private equity funds acquired Bennett Tool and Die Co. , Inc. The conglomerate was comprised of private investors like InvestAsia, Jefferson Capital Partners, Capital for Business and Kansas Venture Capital.
Dynamic Yield raises US$2 million in Series A funding. Dynamic Yield announced today that it was able to raise $2 million in its Series A funding round.
GSK to sell off Lucozade and Ribena. GlaxoSmithKline (GSK) is going to sell its soft drink brands Ribena and Lucozade. The decision may result in GBP1.
Spondo raises Aus$1 million for capital expenditures. Spondo Global CEO & Director Chris Adam undertook a series of fundraisers in Melbourne before proceeding to the United States for the first part of a two-month fundraising itinerary.
Vidyo raises another US$17.1 million in investments. In an announcement today, Vidyo, Inc disclosed that it was able to secure an additional US$17. 1 million in financing.
Clairevest Group and its affiliate partners have invested in County Waste of Virginia. It was announced that Clairevest Group Inc. (Clairevest), Clairevest Equity Partners IV-A Limited Partnership and Clairevest Equity Partners IV Limited Partnership put together US$15 million to invest into Virginia's County Waste.
Panasonic of Japan is selling part of its shareholdings in its healthcare unit for expansion plans. Panasonic Corp of Japan has engaged the services of Bank of America Merrill Lynch in order to sell a part of its healthcare subsidiary, The deal could raise as much as US$1 billion for the electronics company, according to two sources familiar with the transaction who spoke on condition of anonymity.
Tengram Capital Partners has raised US$173 million in commitments, more than its original US$150 million target.
Dysis Medical closes latest funding round at US$11 million. DySiS Medical Ltd was able to complete GBP7. 4 Million or US$11 million on a round of capital infusion.
