Funding

CeBIT 2015 Technology Trade Fair

Alibaba and Ant Financial Invests $1.25 Billion in Chinese Food Delivery Service Ele.me

Ele.me secured a $1.25 billion investment from Alibaba and its finance business unit Ant Financial. China’s O2O business market are now booming as most Chinese consumers are using smartphones to do their daily activities.

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IFA Technology Fair

Video Production Platform 90 Seconds Gets $8 Million Funding Led by Sequoia India; Aims for International Expansion

Online video production startup 90 Seconds will pursue its global expansion after securing $8 million in Series A led by Sequoia India. The startup will also broaden its network of creative freelancers in India as well as in other countries.

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DocSend

Documents Analytics Startup DocSend Secured $8 Million in Series A to Enhance Documents Sharing

DocSend received a new investment round totaling in $8 million to enhance its service on documents sharing and documents analytics. The startup has been focusing in documents as the core of most business deals.

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Key Speakers At The Dublin Web Summit

Accel Announced New $500 Million Fund Targeting European and Israeli Startups

Palo Alto-based venture firm Accel has raised a new fund. The fund is targeting the next generation of entrepreneurs in Europe and Israel.

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 Google Updates Its Logo

Google's Renewable Energy Seed Funding Starts In Taiwan

Google will provide seed funding in Asia's renewable energy that will start off in Taiwan. Through the Center for Resource Solutions, the funds will be used to set up renewable energy certification programs.

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Inside A Sprint Corp. Store Ahead Of Earnings Figures

Sprint Raises $2.2 Billion Fund Under Complex Transaction Structure

Sprint has announced on Wednesday raising $2.2 billion fund through selling and leasing back of network assets. The complex transaction structure has been facilitated by the internet carrier’s parent company SoftBank Group. Sprint chooses this deal out of other available options to remain solvent for more than 2 years.

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GERMANY-AUTO-COMPANY-EARNINGS-BMW

BMW i Ventures Made Strategic Investment in RideCell Startup

The German carmaker's venture capital arm announced Wednesday to make strategic investment in RideCell. BMW established i Ventures in 2011 to target mobility service startups.

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Yoani Sanchez Presents 'Wordpress. Un Blog Para Hablar al Mundo' in Madrid

Flywheel Raises $4 Million Series A Fund From Investor Group Led By Five Elms Capital & Others

After started rolling in 2013, Flywheel, a blog management service providing startup has raised $1.2 million seed fund around one and half year ago. Now, the startup has raised another $4 million Series A fund for its expansion efforts from a round of investors led by Five Elms Capital. The Omaha startup now serves 40,000 clients and intends to grow further with the aid of newly raised fund.

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A taxi driver is using Didi Dacha App

Competition Heats Up In China Between Uber And Didi Which Raised Funding Target to Over $1.5 Billion

Didi's target for funding has raised to $1.5 billion to compete with Uber in China. Didi operates in 400 cities and is expected to accelerate to about 10 million at the end of the year.

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Bitcoin Value Soars And Drops

Caribbean Bitcoin Firm Secured Strategic Investment from Overstock.com

Overstock.com is making a strategic investment in Caribbean digital currency firm Bitt. The $4 million in Series A will be allocated to improve Bitt’s software as well as expanding its operation across other Caribbean countries.

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Xiaomi Corp. Vice President Of Global Operations Hugo Barra Launches The Mi 5 Smartphone In India

Xiaomi Partners with India's Hungama, Invests $25 Million

Xiaomi’s partnership with India’s Hungama will make it easier, more accessible and more affordable for locals to access the company’s service that will soon be integrated together with themes and ringtones.

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CinemaCon 2014 - 2014 Will Rogers 'Pioneer Of The Year' Dinner Honoring Tom Sherak

Dick Cook Studios Secured $500 Million Production Funding from Chinese Movie Company Film Carnival

American movie studios are getting closer to Chinese firms as sources of funding. Dick Cook Studios has just secured $500 million in production deal with China’s Film Carnival. The studio is working on the first film under the deal.

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Solar Modules

SunEdison to File Chapter 11, Probed By SEC

SunEdison is about to file bankruptcy protection to safeguard itself from creditors while trying to recover from its losses while it continues to operate. At the same time it is being investigated by the Securities and Exchange Commission over possible overstating.

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National Cable and Telecommunications Association Cable Show

Turner Broadcasting Leads a $15 Million Investment in Mashable

Mashable announced on Thursday to receive a new round of investment. The Series C funding was led by Turner Broadcasting.

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The Creators Party Presented By Spotify, Cicada, Los Angeles - Arrivals

Spotify Raises $1 Billion Through Financing Deal

Music streaming company Spotify raises $ 1 billion deal through financing in the form of convertible debt. TPG rounded the funds together with Dragoneer along with other institutional investors. The deal placed by Goldman Sachs is expected to close on April 2.

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