Tags: US

Tel Aviv social review engine Yotpo closes $10.7M in Series A round

Tel Aviv, Israel-based social review engine Yotpo raised $10.7 million in a Series A funding round led by US-based venture capital firm Blumberg Capital to expand its office in San Francisco.


UK medical device maker Lombard Medical to pursue IPO in the US

England, UK-based specialty medical device maker Lombard Medical Technologies PLC plans to pursue an initial public offering (IPO) and listing of ordinary shares in the US.

CEN Biotech invests $12M for medical marijuana facility in Lakeshore

US-based contract research firm CEN Biotech will invest $12 million to build a high-security medical marijuana facility in Lakeshore, Canada in a bid to start a new industry in the region.

Taiwan rejects Bitcoin ATMs

The government of Taiwan said no to American firm Robocoin's installation of Bitcoin ATMs in the country because it believes Bitcoins are not real currencies, according to a government officer.


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California, US-based genomics startup DNAnexus raised $15 million to develop its cloud-based platform for storage and analysis of large amounts of DNA data, bringing its total funding to date to $31.6 million.
Ontario, Canada-based clay brick manufacturer Brampton Brick Ltd said it has closed the previously announced $40 million long-term loan for asset purchases and other general corporate purposes.
Bitcoin ATM startup Robocoin intended to prioritize the demand of Bitcoins in the Asian region with the planned debut of its ATMs in Hong Kong and Taiwan this January, said a TechCrunch report.
Herzaliya, Israel-based National ID Electronic Intelligence solutions provider SuperCom announced the completion of its purchase of the Smart ID division of On Track Innovations.
Australia-based protective clothing manufacturer Ansell Ltd has completed the purchase of US-based firm BarrierSafe Solutions International in a deal valued at $615 million (A$692.29 million).
California, US-based security company FireEye purchased Virginia-based firm Mandiant for $1 billion in the biggest security deal of 2013.
According to a report by The New York Times, mergers are picking up activity as financial markets worldwide, including the US, are becoming stronger and more stable.
The leveraged buyouts in Europe are surging as US distress investors purchase existing bank loans at steep discounts and move to take over the companies by exchanging their debt for equity in "loan-to-own" deals in the wake of the financial crisis.
The general consensus of research firms and mergers and acquisitions (M&A) experts believed that the brisk activity of dealmaking will keep its momentum till the next year.
Canada-based lead-acid battery-powered electric car seller Zenn Motor Co entered in an agreement to acquire a controlling stake in US-based energy storage company EEStor in a deal valued at $1 million.
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