Sameer Gehlaut, the Chairman and Co-Founder of Indiabulls Group, backed stealth mobile messaging and social networking startup MyActivityPal Inc with a $5 million investment for its Series A found.
Venture Capital
Blue Bottle Coffee raises $25.7M
Blue Bottle Coffee was able to raise a $25.7 million investment in a financing round led by Morgan Stanley Investment Management, a source told TechCrunch.
Carlyle invests in Irish chocolate maker Lily O'Brien's
US-based private equity firm The Carlyle Group invested an undisclosed sum in Ireland-based chocolate maker Lily O'Brien's for the expansion of the latter's global consumer reach.
Colorado-based firm GutCheck secures $4M in funding to test out business ideas
Denver, Colorado-based online market research firm GutCheck secured $4 million in a funding round led by Icon Venture Partners to test out the potential of different business ideas.
US credit card wallet Coin raising $15M in Series A funding -sources
San Francisco, California-based credit card wallet Coin is currently raising around $15 million in a Series A financing round, according to several sources knowledgeable on the situation.
Latest News
RenovoRx Inc, a privately-held medical device maker, closed its series B funding round with $1.15 million. The financing was led by one of the largest angel groups in the US, Golden Seeds.
Although they have remained silent for the good part of 2013, venture capitalists are now going back to China as the IPO market opens, but strategic investors are offering tough competition, The Wall Street Journal blog Venture Capital Dispatch reported.
Ventureast Tenet Fund, together with angel investors, invested $3 million for the expansion of Bangalore, India-based medical device maker OneBreath into India, Eastern Europe, and Africa.
Custom 3D-printed insole maker SOLS closed its seed funding round with $1.75 million. Led by Lux Capital, other investors also participated in the financing round for the firm that aims to provide wearers with the perfect fit and better performance, TechCrunch reported.
Vint was able to secure seed funding worth $1.8 million led by Nordics VC Creandum and joined in by other venture capital firms and angel investors, including Zumba investor David Giampaolo.
San Diego, US-based entrepreneur Ian Sells nabbed $50,000 on a Kickstarter campaign to fund the first batch of StrongVolt, a solar charger he created for smart devices.
Uppsala, Sweden-based program development tool Hansoft pocketed $8.4 million in its first round of funding led by Stockholm-based venture capitalist Spotify Creandum to support its sales and expansion programs.
Bangalore, India-based cloud-based video infrastructure operator Turtle Yogi Technologies raised between $250,000 and $350,000 in a seed funding round led by venture capital firm Blume Ventures, to build on the sales of its flagship product 1Click.io.
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.
