Hamburg, Germany-based publishing group Spiegel.net has partnered with accelerator XLHealth to acquire a 25% stake in Berlin-based brain-training startup NeuroNation for an unconfirmed seven-figure sum.
Venture Round
England-based firm QualitySolicitors secures multi-million investment from Palamon Capital
Leicester, England-based legal franchise QualitySolicitors secured a multi-million-pound investment from its majority shareholder, Palamon Capital Partners, to drive its expansion plans in the UK for 2014.
Price comparison site PricePanda raises $3M from Tengelmann Group
PricePanda, a price comparison website, was able to get new funds from German retailer Tengelmann Group worth $3 million to expand the site to other South Asian markets, TechCrunch reported.
Audo invests in Paris bio gasoline startup
Germany-based car maker Audi is investing in Paris, France-based bio gasoline startup Global Bioenergies, which makes cheap gasoline from sugar, as part of an effort to decrease greenhouse gas emissions amid stricter regulations.
Online legal startups plans to demystify and make law less expensive- report
Online legal startups like LegalForce, RocketLawyer and others intend to bring law closer to the people and make it less expensive in the process, the San Jose Mercury News reported.
Latest News
Boulder, Colorado-based software startup JumpCloud bagged $3 million in venture capital in a round led by Bullet Time Ventures and Foundry Group, to fund the expansion of its software engineering and development team.
Although there are worries about the shortfall of funding for the venture capital industry, venture capitalists are optimistic that this will continue to be a good year for firms looking to raise money, the U-T San Diego news site reported.
Oakland, California-based customer intelligence pipeline raised $450,000 in a funding round last month from Alchemist Accelerator and angel investors to spy on software customers and find out what keeps them happy.
Limerick, Ireland-based environmental software developer AMCS Group closed €23.5 million in a funding round led by Highland Capital Partners Europe (HCPE) for its expansion into Europe, Australia, New Zealand, and the Americas.
Startupbootcamp, the pan-European accelerator, has launched in Istanbul, as investors continue to show interest in Turkey. The accelerator has already began accepting applications for its program.
Medical and recreational marijuana dispensaries in Las Vegas, US are increasingly turning to venture capitalists for seed money due to lack of loan sources, as the drug is deemed illegal by the federal government.
Venture capital group Nexus Venture Partners will pour INR30 crore into Pune, India-based cybersecurity company Uniken to fund its expansion into Israel and the US.
Singapore-based online grocery store RedMart secured $5.4 million in a bridge round that will be used to construct its logistics infrastructure and technology in preparation for growth and expansion.
Oregon, US-based vending machine technology firm VendScreen Inc has bagged $17.8 million in a funding round led by existing investors Merrickhanna Ventures and 3X5 Special Opportunity Fund.
