Venture Round

Dangote pushes for $16B investment in cement, agriculture, industrials

Aliko Dangote, the richest man in Africa and Chief Executive of Nigerian company Dangote Group, plans to invest around $16 billion in cement, agriculture, and petrochemicals project in 18 countries over the next four years.


UBS to enter Australian property market through joint venture with local developer

Switzerland's biggest bank, UBS AG, will be entering the property market in Australia through a joint venture with local developer Grocon Pty, a Bloomberg report said.

Pearson fund invests in India-based education startup

UK-based investment fund Pearson Affordable Learning Fund has backed Delhi-based education startup Avanti Learning Centres to develop a system that will help students from low-income families prepare for college entrance tests.

American Efficient snags $2.5M to promote renewable energy in the US

San Mateo, California-based firm American Efficient launched today with a $2.5-million funding it received from Clean Pacific Ventures to help US residents switch to renewable energy products and suppliers.


Latest News

Talend Chief Executive Officer Mike Tuchen told TechCrunch that part of the $40 million it received from its recent funding round will go towards its plans to launch an initial public offering in the near future.
Cloud-based data management startup Rosslyn Analytics raised £2.1 million in a funding round joined by Amati Global Partners and IQ Capital. Rosslyn also eyes a listing on AIM early next year.
Hollywood actor Leonardo DiCaprio has invested an undisclosed amount in Monaco-based electric car startup Venturi Automobiles and co-founded a new electric racing team which will compete in the Formula E series next September.
Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is investing $250 million in Hines India Real Estate, the Indian unit of American property management firm Hines, according to a source familiar with the investment.
Minnesota-based mobile device management software maker JAMF Software, which focuses exclusively on Apple gadgets, has raised USD30 million to drive product development and expand industry partnerships.
US-based big data company Palantir Technologies Inc has raked in USD107.5 million in a funding round filed last week that valued the firm at USD9 billion.
Referral marketing platform Extole has gathered USD 5 million from Norwest Ventures, Redpoint Ventures, Shasta Venture and Trident Capital. It also added Mark Cyster and Chris Duskin to its executive team.
San Francisco-based gaming startup nWay has raised USD5 million in a funding round led by Translink Capital to build out its ChronoBlade massively multiplayer online (MMO) game.
American venture capital firm Sequoia Capital has invested USD33 million in California-based stealth networking startup vIPtela to develop its technology for virtualization of whole networks.
PaeDae founder and chief executive officer Rob Emrich explained to TechCrunch that it launched a debt-and-equity round instead to be able to obtain a sizeable amount of capital while being able to retain its position as an early acquisition target.
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