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Kinnevik says Holtzbrinck Ventures takes 2.5 pct stake in Rocket

Kinnevik says Holtzbrinck Ventures takes 2.5 pct stake in Rocket

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...
Russia’s Quadro Capital Partners and Forex Club to invest $200 million in international online trading

Russia’s Quadro Capital Partners and Forex Club to invest $200 million in international online trading

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...
PonoMusic Raises More Than $6M In Equity Crowdfunding In One Week

PonoMusic Raises More Than $6M In Equity Crowdfunding In One Week

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...
Restaurant Discovery Service Zomato Eats Its Way Into Central And Eastern Europe

Restaurant Discovery Service Zomato Eats Its Way Into Central And Eastern Europe

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,...
Catalyst CEL Fund invests $42 mln in Lamina Technologies

Catalyst CEL Fund invests $42 mln in Lamina Technologies

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,...
Laila Nutraceuticals in talks with global PEs to raise $40 million

Laila Nutraceuticals in talks with global PEs to raise $40 million

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...
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