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...
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...
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...
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...
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...