A USD12 million fund infusion was received by Channel 1Q for it use to accelerate its development. The central marketplace for retailers and manufacturers, Channel IQ announced the raising of USD12 milion from Drive Capital.
Venture Capital
Social B2B company Oktopost raises USD800,000 in seed round funding
Oktopost closed USD800,000 seed round to bridge social media marketing and business-to-business (B2B) masses.
GoCoin closes seed financing round with USD 550,000
GoCoin secured USD 550,000 for its seed round from various global investors. Singapore-based GoCoin announced that it had secured USD 550,000 for its seed funding round.
Newsle nabs USD1.8 million in Series A funding
News aggregator closed USD1.8 million in a Series A financing round led by Advance Publications. News aggregate startup Newsle secured USD1. 8 million in Series A funding this week.
Lime&Tonic taps angel investors for latest funding round
Lime&Tonic raises EUR1.0 million in angel investments for its funding round. Digital concierge service provider Lime&Tonic announced the closure of its Angel round of funding.
Latest News
Blumberg Capital raises USD150 million with its venture capital seed fund. In an announcement, Blumberg Capital said it had closed Blumberg Capital III.
Great Portland Estates Plc and the Hong Kong Monetary Authority share half of London West End Development.
Austin-based venture capital firm Silverton Partners would be using the USD75 million it raised for Fund IV to support the local startup scene in Texas.
Imaging startup Phi Optics Inc secured USD250,000 in seed funding from venture capital funds. Imaging solutions developer Phi Optics Inc raised USD250,000 in seed funding through a funding round led by Champaign's Serra Ventures.
Artists' social community DeviantART raised a new round of funding amounting to USD10 million from Autodesk.
Some investors expressed discontent at the investment plans of giant phone maker Samsung Electronics.
According to Moody's Investors Service, buyout firms would be targeting European retailers to take advantage of low funding costs.
Latin Idea Ventures led the USD 50 million financing round of e-commerce platform Linio. Mexico-based venture capital firm Latin Idea Ventures invested in e-commerce startup Linio.
Heavily indebted UK bread manufacturer Premier Foods announced that it is looking for investors for its Hovis brand.
