Aug 22, 2014 | News, Western Europe
STOCKHOLM, Aug 22 (Reuters) – Kinnevik welcomes Holtzbrinck Ventures as a rocket shareholder * Holtzbrinck Ventures (“HV”), is contributing its entire stakes in seven of Rocket’s most developed e-commerce businesses directly into Rocket, in...
Aug 22, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Last week Russian venture fund Quadro Capital Partners (FXC-QCP VC) and online trading service provider Forex Club announced investment plans in the field of Internet trading on the international stock market. The total volume of investments...
Aug 21, 2014 | News, North America
TechCrunch Neil Young’s startup PonoMusic became the fourth-most funded project on Kickstarter back in April, when it raised $6.2 million on a goal of $800,000. The project now has raked in an additional $6 million in equity funding from a Crowdfunder campaign. Pono...
Aug 21, 2014 | Central & Eastern Europe, India, News, South & Central Asia
Zomato, the restaurant search and discovery service that’s raised a whopping $55 million in VC, is making good on its promise to continue expanding to more countries beyond its origins in India. The 2008-founded company — which counts Yelp, IAC-owned Urbanspoon,...
Aug 21, 2014 | China, East Asia, MENA, News, Western Europe
JERUSALEM, Aug 21 (Reuters) Aug 21 (Reuters) – The Catalyst CEL Fund said on Thursday it had agreed to invest $42 million in Lamina Technologies, a Swiss-based maker of metal-cutting tools. The fund said it would invest $10 million of new capital into Lamina,...
Aug 21, 2014 | India, News, South & Central Asia
MUMBAI: Promoters of Laila Nutraceuticals, an export-oriented business unit of the Andhra-based Laila Group, is in talks with global PE funds to raise around $40 million, two people with direct knowledge of the development said. The company that’s being valued...