Scarosso, the high end shoe brand, announced that it has raised new funding from its Series A capital round.
Venture Capital
Milagro Oil and Gas formed by agreement
Milagro Oil and Gas Inc formed from the exchange offer agreement between Milagro and Vanquish. A newly formed corporation would be formed from the transfer of all the assets of Milagro with Vanquish Finance.
Oil Blocks Made Available by Indonesian Government for Bidding
In an announcement, oil blocks in Indonesia are now available for bidding. The Indonesian government announced the opening of a rights tender for twenty one oil and gas exploration blocks last Friday.
Polar System Launched by Summit Investments
Summit Midsteam announced the operation of the Polar System at the North Dakota project. Summit Midstream Partners, LLC announced today that the operations of the Polar Crude Oil and Water Gathering System ("Polar System") in the Bakken Shale Play in Williams County, North Dakota have commenced near full capacity.
Syniverse and Mach merger to be approved by EU regulators
Syniverse and Mach agrees to conditions set by EU regulators. Syniverse Technologies, the US telecoms services firm, is preparing for the receipt of the European Union antitrust regulatory approval for the Eur550 million or US$710.
Latest News
Pebble announces the raising of US$15M in funds during Series A capital round. In an announcement by Pebble, the creator of the e-paper smart watch that links to Android smartphones and iPhones, disclosed that it was able to receive US$15 million in Series A growth financing round from Charles River Ventures.
Jain Irrigation and State Bank of India to provide assistance to Indian farmers. The largest lending institution in India, the State Bank of India, is working out a partnership with Jain Irrigation Systems Ltd, the largest irrigation equipment manufacturer in Asia, to provide planned assistance to Indian farms in the reduction of water usage yet at the same time increase productivity.
CSC ServiceWorks created by Pamplona Capital Management. The multi-family supplier for laundry requirements, Coinmach Service Corp and North America-based source of paid air services for car tire inflation, AIR-serv Group were acquired by Pamplona Capital Management at the price of US$1.
Versus IO concludes Series A financing round for a total of US$1 million.
The world's most stylish product comparison program, VERSUS IO, disclosed today that it has concluded its Series A growth financial round which was headed by Earlybird Venture Capital.
The mining industry's largest merger started off with the unceremonous removal of the Xstrata board by Glencore shareholders.
Kite Pharma secures US$20M and converts existing promissory notes into Series A preferred stock. Kite Pharma Inc. disclosed today in an announcement that it secured a US$20 million private placement of its Series A preferred stock.
Vodafone partners with Deutsche Telekom for expanded services for the German market. In a new development, Vodafone would now be able to offer over broadband pay-TV to its German subscribers with the new accord signed with Deutsche Telekom AG.
Apptio, the startup firm that helps companies navigate cloud computing, has increased in value as well as investments into its business model.
HIG Europe announces its first Nordic investment. H. I. G. Capital's European management group for global private equity, H. I. G. Europe announced today its primary Nordic venture with the purchase of Freedom Finance Nordic, the biggest consumer loan agency that is operational in Finland, Sweden and Norway.
