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S.Korea’s Dongwon Systems to buy bottle maker from MBK Partners for $243 mln

S.Korea’s Dongwon Systems to buy bottle maker from MBK Partners for $243 mln

Aug 13, 2014 | East Asia, News

SEOUL, Aug 13 (Reuters) – South Korean aluminium and food can maker Dongwon Systems Corp said it has agreed to buy bottle maker Techpack Solutions Co Ltd for 250 billion won ($243 million) from Asia-Pacific private equity fund MBK Partners. In a regulatory...
Australian Telco Telstra Acquires Video Distribution Startup Ooyala

Australian Telco Telstra Acquires Video Distribution Startup Ooyala

Aug 12, 2014 | News, North America, Oceania

TechCrunch Streaming video distribution and monetization platform Ooyala is being acquired by Australian telco Telstra, which will invest $270 million to reach a 98 percent ownership stake in the company. This is up from the 23 percent it owned through a previous...
UK Coffee Subscription Service Pact Coffee Raises £2M Series A

UK Coffee Subscription Service Pact Coffee Raises £2M Series A

Aug 11, 2014 | News, Western Europe

Wake up and smell the funding. Pact Coffee, the UK coffee subscription service that delivers freshly roasted beans to your door, has closed a £2 million Series A round led by MMC Ventures. Previous investor Connect Ventures has also participated, as well as Songkick...
Rocket Internet’s FoodPanda Grabs $60M In Fresh Funding

Rocket Internet’s FoodPanda Grabs $60M In Fresh Funding

Aug 11, 2014 | Central & Eastern Europe, News, Russia, Western Europe

TechCrunch FoodPanda, Rocket Internet’s food delivery service, has its paws on yet another round of funding. This time it is $60 million from existing investor Falcon Edge Capital as well as Rocket Internet AG. The money will be used to expand FoodPanda, as well as...
Nanomedicine Company MagForce Takes $15M From Thiel’s Mithril Capital

Nanomedicine Company MagForce Takes $15M From Thiel’s Mithril Capital

Aug 8, 2014 | News, North America, Western Europe

TechCrunch MagForce injects iron oxide nanoparticles into a patient and then vibrates them with a magnetic field to generate heat that helps kill cancer cells. It sounds like science fiction but it’s real. That’s why Peter Thiel‘s late-stage investment firm Mithril...
Web App WikiWand Raises $600,000 To Give Wikipedia A New Interface

Web App WikiWand Raises $600,000 To Give Wikipedia A New Interface

Aug 7, 2014 | MENA, News

TechCrunch WikiWand has raised $600,000 from angel investor Saar Wilf to give users of Wikipedia an attractive new interface for the popular site. Though Wikipedia is one of the 10 most-visited sites in the world and an important online repository of information, it...
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