E-Commerce Business Lender iwoca Raises $8.2M To Expand In The UK And Europe

Jan 9, 2014 | News

Tech Crunch iwoca, which provides short-term loans to online retailers based in the UK, announced today that it has raised £5 million (about $8.2 million) from Global Founders Capital, a new private investment fund launched by the Samwer brothers of Rocket Internet...

After Arriving On Android, Glooko Lands $7M From Samsung

Jan 9, 2014 | News

TechCrunch The proliferation of connected devices, coupled with rapid advances in data analytics and sensor technology, has fundamentally changed the way people interact with and manage their health. Thanks to smartphones and a new generation of smart, wearable...

Angel investment grew fourfold in 2013

Dec 27, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Russia’s National Association of Business Angels (NABA), Atom Partners, a Moscow-based investment consultancy and high-tech investor, and RVC, the state-owned fund of funds dedicated to innovation, have presented the results of their 2013...

KKR to invest C$250 million in Torq Energy Logistics

Dec 24, 2013 | News, North America

TORONTO, Dec 24 (Reuters) – Torq Energy Logistics, an affiliate of privately held Torq Transloading Inc, said on Tuesday that private equity firm KKR & Co has agreed to invest C$250 million ($236 million) to fund Torq’s capital program and acquisition...

Shareholders offer to take China’s Noah Education private

Dec 24, 2013 | China, East Asia, News

Dec 24 (Reuters) – Chinese education company Noah Education Holdings Ltd (NED.N) said it received an offer from some shareholders to take the company private for about $105 million. A consortium of shareholders, including MSPEA Education Holding, an affiliate of...

Oktogo.ru raises $5 million and switches to Travel.ru

Dec 24, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Competition in the saturated Russian online travel sector is fierce, and one of the main players last week took the dramatic step of a complete rebranding as it seeks to differentiate itself from its rivals. Skolkovo resident Oktogo, which was...