VCPOST Staff Reporter

Russian mobile payments startup 2can lands $5M in Series B funding

Moscow, Russia-based mobile payments startup 2can landed $5 million in a Series B funding round led by InVenture Partners to integrate its service with banks in the country.

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British language learning startup Fluentify takes home $410K from angel investors

London, UK-based language learning startup Fluentify took home $410,000 in angel investment in a round led by former Barclays exec Stefano Marsaglia to beef up its workforce and service in Southern Europe.

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New York app developer Handshake nabs $8M for its wholesale sales order management app

New York, US-based app developer Handshake nabbed $8 million in its Series A funding round led by Emergence Capital Partners to expand its wholesale sales order management app.

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New York fitness startup Classtivity rebrands as ClassPass as it closes $2M seed round

New York, US-based fitness startup Classtivity rebranded as ClassPass as it closed $2 million in a seed funding round from several angel investors to help customers stick more to its workout program.

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Philippine crowdfunding site Medifund turns non-profit to help medical students finish their studies

Philippines-based crowdfunding site Medifund turned non-profit to help students in developing countries pay for the cost of their schooling and to encourage more women to enter the medical profession.

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SyncFab launches crowdfunding campaign to streamline US manufacturing via 3D printing

Santa Monica, US-based 3D print online marketplace SyncFab launched a $25,000 crowdfunding campaign on Kickstarter to streamline specialty manufacturing in the US using the 3D printing technology.

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US venture capital firm Rise Capital to raise $146M to back startups in emerging markets

San Francisco, US-based venture capital firm Rise Capital is set to raise $146 million to back startups in Africa, South America, and other emerging markets.

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US-based solar-panel robotics startup Brittmore bags $1M in government grant

San Jose, US-based solar-panel robotics startup Brittmore Group bagged $1 million in a recent grant from the Department of Energy to automate the construction of solar power plants.

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American music startup BandPage scores $8.5M in funding

San Francisco, California-based music startup BandPage scored $8.5 million in a funding round from music tech investors such as Mohr Davidow Partners, Robert Kavner, GGV Capital, and Walden Venture Capital.

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US content and rights manager FilmTrack acquires Jaguar Consulting

Studio City, California-based content and rights management firm FilmTrack acquired Pasadena-based IP rights, royalty, and contract management software provider Jaguar Consulting for an undisclosed amount.

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Yahoo to build own streaming video platform to take on YouTube

Yahoo boss Marissa Mayer is considering building a streaming video platform within the next few months to take on YouTube and to gain higher revenue that video ads will be able to bring to the company.

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The Africa Group picks up 25pct stake in Ethiopia's Telemed

US-based boutique advisor and venture capital firm The Africa Group (TAG) picked up a 25% stake in Ethiopia-based health systems engineering services provider Telemed Medical Services (Telemed) for an undisclosed amount to help more people gain access to health resources.

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Longtime Microsoft exec Antoine Leblond leaves the firm

Antoine Leblond, a longtime executive for Windows and Office, is leaving Washington, US-based software giant Microsoft on Monday to explore his opportunities outside of the firm.

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India Agribusiness Fund invests INR75 crore in Beloorbayir Biotech

Private equity firm Agribusiness invested INR75 crore in Bangalore, India-based nutraceutical and pharmaceutical ingredients supplier Beloorbayir Biotech for the latter's product development and international expansion.

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Ohio firm 3DKitBash launches Kickstarter campaign for 3D skull printing kit

Ohio, US-based 3D building company 3DKitBash launched a crowdfunding campaign via Kickstarter to raise $500 for a new 3D object files kit that lets users print skulls on their 3D printer.

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