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Cauris invests $4.2m in Cipharm

Abidjan, Cote d’Ivoire, April 2014: FONDS CAURIS CROISSANCE II LIMITED, advised by Cauris Management, the West African fund manager agreed to invest in CIPHARM to fund a new production line for injectable pharmaceutical products. CIPHARM is a Cote d’Ivoire-based leading pharmaceutical company with revenues derived from 12 countries across west and central Africa. The company […]

Axioma Capital Partners invests $4 million in medical startup Medal

The medical startup Medal has received $4 million from Axioma Capital Partners according to the press service of the Ingria business incubator. Medal is a resident of a incubator. Medal is developing medical devices based on patented technology for the treatment of arthritis. More than 14 million people in Russia suffer from arthritis. Axioma Capital […]

EasyHotel seeks listing as Saga prices issue at bottom of range

Financial Times May 23, 2014 EasyHotel, the sister brand of the easyJet budget airline, has announced its intention to float on London’s junior market, despite rising questions over investor appetite for initial public offerings. A shift in sentiment towards London listings was underlined on Friday as Saga confirmed that its shares had priced at the […]

YOYO Holdings Snags $1.3M For Its Prepaid Mobile Consumer Survey Platform

TechCrunch May 23, 2014 YOYO Holdings, a rewards platform that targets prepaid mobile phone users in developing economies, has secured $1.3 million in funding from Japanese venture capital firms GREE Ventures, CyberAgent Ventures, and Incubate Fund. Based in Singapore, YOYO Holdings operates a reward platform called Candy which is similar to sites like Swagbucks, but […]

VCs eye big cloud software returns despite dwindling valuations

SAN FRANCISCO, May 22 (Reuters) A cloud software boom has nudged startups into unlikely realms such as dairy farms, yoga studios and back-of-the-building loading docks, leading venture capitalists to hope for stratospheric returns. Venture capitalists poured more than $11 billion into software last year, more than into any other sector and about double the amount […]

TVTY Raises $4.5 Million To Sync TV And Online Ads

French startup TVTY raised $4.5 million from Partech Ventures, 360 Capital Partners and business angels. This is yet another sign that French companies’ efforts to advertise technology have been doing very well. TVTY provides an API for advertising companies to bridge the gap between TV campaigns or events and web ads. In other words, if […]

Tinder-Style Clothes Shopping App, Mallzee, Swipes £500K To Grow

TechCrunch May 22, 2014 ‘Tinderfaces’ are in app vogue right now. By which I mean Tinder-esque ‘swipe to filter’ interfaces. ‘X app is the Tinder of Y’ has become the standard descriptive shorthand for this trend (named, of course, for dating app Tinder which popularized making snap aesthetic judgements swipe style). U.K. startup Mallzee is […]

How TheFamily Is Reshaping The French Tech Ecosystem

TechCrunch May 22, 2014 French startup accelerator TheFamily is raising up to $2 million from angel investors and Index Ventures. It’s an open round — so far investors have committed $1 million. Given the overall interest around the funding, the company should quickly max out its round. Today’s news is also a good opportunity to […]

As Amazon looms, Indian e-tailers strike $400 mln in deals

(Reuters) – With Amazon.com Inc (AMZN.O) ramping up its presence in India, two local online retailers are preparing for tougher competition with separate deals worth a combined $400 million set to be finalised this week. Flipkart, India’s largest online retailer, is expected on Thursday to announce its acquisition of a majority stake in online fashion […]