VCPOST Staff Reporter

Irish home beer-brewing appliance Brewbot bags £82K from Invest NI

Belfast, Ireland-based home-brewing firm Cargo bagged £82,000 in funding from Invest North Ireland (NI) for the development and marketing of its smartphone-controlled beer-making robot Brewbot.

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Uber to launch on-demand courier service in New York

San Francisco, US-based transportation network firm Uber will launch an on-demand courier service in Manhattan, New York tomorrow, according to an exclusive report by VentureBeat.

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Twitter snaps up lock-screen startup Cover for Android

Social media giant Twitter snapped up Cover, a startup that offers a lock screen and app drawer for Android devices, for an undisclosed amount, to boost its popularity among Android users.

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British analytics firm Trak.io raises $150K in seed funding to track customer behavior

London, UK-based visual customer analytics firm Trak.io emerged from private beta and raised $150,000 in seed funding from Kima Ventures last August to track the behavior of startups' customers.

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GrabTaxi closes Series A round to conquer Southeast Asia

Kuala Lumpur, Malaysia-based taxi app GrabTaxi closed its Series A round with more than $1 million from Singaporean state-owned investment firm Vertex Ventures to conquer Southeast Asia.

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YouTube files legal complaint against Turkey against social media ban

US-based video-sharing giant YouTube representative Gonenc Gurkaynak filed a legal complaint to the Turkish Consitutional Court against the ban that prime minister Recep Tayyip Erdogan issued against the service.

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Thai e-book startup Ookbee lands $7M in Series B funding for Southeast Asian expansion

Bangkok, Thailand-based digital publication platform Ookbee landed $7 million in a Series B funding led by Japanese outsourcing firm Transcosmos to fuel its Southeast Asian expansion.

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Northwestern trustees donate $4M to build incubator space for student startups

Northwestern University (NU) trustees Michael Ferro Jr and Pat Ryan Jr each donated $2 million to build an incubator space called the Garage near the Henry Crown Sports Pavilion where student entrepreneurs can develop projects, classes, and businesses.

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Apple launches iPhone trade-in program in Germany

Cupertino, US-based smartphone giant Apple launched its iPhone trade-in program in Germany to allow its customers to purchase a new iPhone at a discounted price when they trade in a qualifying old device.

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Massachusetts-based Wellframe nabs $1.5M in seed funding to provide patients with a mobile digital nurse

Boston, Massachusetts-based mobile healthcare management platform Wellframe nabbed $1.5 million in a seed funding round from several high net worth individuals to provide patients with an app that will serve as their personal digital nurse.

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Former Zenith chairman buys stake in UK fleet management firm FMG

Former Zenith executive Andrew Cope bought a significant stake in Huddersfield, UK-based fleet management firm FMG for an undisclosed amount and will become part of the company's board.

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New York ultracapacitor maker Ioxus secures $21M in Series C round

Oneonta, US-based large format ultracapacitor manufacturer Ioxus secured $21 million in its Series C funding round to help address climate change by integrating its products into hybrid buses in China.

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US agricultural biotech firm BioConsortia takes home $15M in Series B funding

Davis, California-based agricultural biotech firm BioConsortia Inc took hoe $15 million in a Series B funding led by Khosla Ventures and Otter Capital to accelerate the commercialization of its crops.

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UK innovation hub TrueStart raises $5M for European retail and consumer startups

London, UK-based innovation hub TrueStart raised $5 million in a seed funding round to invest in 20 retail and consumer startups in Europe every year and provide them with legal and recruitment support.

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Biotech firm ArborGen purchases Edendale Nursery in New Zealand

Ridgeville, US-based biotech forestry firm ArborGen purchased Southland, New Zealand-based seedling grower Edendale Nursery for an undisclosed amount to tap the markets in the North and South Islands of New Zealand.

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