Aug 7, 2013 | News, North America
Crain’s The founders of Sandbox Industries are going back to their roots, with a huge venture fund aimed at agriculture and food technologies. Sandbox, the Chicago-based investment fund and incubator launched a decade ago by Monsanto Co. alums Bob Shapiro, Nick...
Aug 7, 2013 | News, North America
PRNewswire SAN FRANCISCO, Aug. 5, 2013 — Early-stage venture capital firm Blumberg Capital, seed investor and largest institutional shareholder in HootSuite reaps a 52x return in just four years. Blumberg Capital and Hearst Ventures led the original seed round...
Aug 7, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News In late July, Bay.ru (Bayru), a leading cross border sales operator facilitating Russian consumers’ purchases from eBay, Amazon, and other international e-commerce sites, announced that it had raised $4 million to strengthen its marketing and...
Aug 7, 2013 | News, North America
Bloomberg Hudson’s Bay Co., a middle-market Canadian department store chain with a similar assortment to Macy’s, has agreed to pay $2.4 billion to acquire Saks Inc., one of America’s most prestigious luxury retailers. Hudson’s Bay, founded in the 17th century as a fur...
Aug 6, 2013 | Africa, China, East Asia, News, South Africa
Thesouthafrican.com The transaction, which was completed for an undisclosed amount in July, marks the first occurrence of a Chinese multinational investing in South Africa’s vineyards. Yangzhou-based Perfect China has made the Asian country’s first investment in South...