VCPOST Staff Reporter

Canadian firm Vertical Designs acquires 10pct stake in Affinor

British Columbia, Canadian vertical farming firm Vertical Designs Ltd acquired a 10% stake in marijuana industry-focused publicly traded firm Affinor Resources for an undisclosed amount.

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Boston travel startup Tripzon allows travelers to customize their own vacation packages

Boston, US-based travel startup TripzonTravel.com allows travels to customize their own vacation packages by adding in the destinations, flights, hotels, transportation, and activities they want using a single platform.

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Indian finance firm IFMR bags $29M in funding from LeapFrog

Chennai, India-based non-banking finance firm IFMR Capital bagged $29 million in funding from specialist investor LeapFrog Investment's second investment fund for its product and service expansion.

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UK services marketplace Bizzby raises $10M from US hedge fund

Bizzby, a London, UK-based on-demand services marketplace for cleaners, plumbers, electricians, and other tradespeople, raised $10 million in funding from an undisclosed US-based hedge fund.

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UK-based content marketplace ScreenHits pockets $1.2M in angel funding

London, UK-based content marketplace ScreenHits pocketed $1.2 million in an angel round from Rory Fleming, Lord Reay, Flemming Lund, and other high net worth individuals to build its product and audience.

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Indonesia-born startup Project Shoe lets women customize shoes online

Indonesia-born and New York, US-based fashion startup Project Shoe lets women personally customize their shoes using its e-commerce platform and have the order shipped anywhere for free.

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Amazon.com denies free TV service rumors

American e-commerce giant Amazon.com rumors that it was planning to launch a free and ad-supported TV and music streaming service, after rumors about the supposed free service spread ahead of a scheduled New York conference.

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Dropbox to shutdown German reading app Readmill after $8M acqui-hire deal

Berlin, Germany-based social reading app Readmill confirmed that San Francisco, US-based cloud storage giant Dropbox acqui-hired it for $8 million in combined stock and cash, with plans to shut it down later.

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BBM now has 85M monthly active users

BlackBerry's new chief John Chen revealed that its messaging app BBM now has 85 million monthly active users and a steady growth in its user base after the app was released to the Android and iOS platform in October.

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French ad startup Tapvalue nabs $2.2M for international growth

French cross-device tracking and advertising startup Tapvalue nabbed $2.2 million (€1.6 million) in a venture round led by an unnamed venture capitalist and some angels to support its international growth and product development.

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California real-money gambling platform Gamblit takes home $12M in venture round

Glendale, US-based real-money gambling platform Gamblit Gaming took home $12 million in a venture round from private equity firm American Capital to fuel its platform development and future launches.

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Germin8 pockets $3M in first funding to expand beyond India

Mumbai, India-based big data analytics startup Germin8 pocketed $3 million in its first funding round from Kalaari Capital to expand internationally and fuel sales, marketing, branding, and product development activities.

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French startup SIGFOX lands €15M in Series B round to connect the Internet of things

Toulouse, France-based Internet of things (IoT) cellular network operator SIGFOX landed €15 million in its Series B funding round led by IDInvest and BPIFrance to accelerate the international deployment of its network.

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JWT to pick up majority stake in Indian social media agency Social Wavelength

JWT, a New York, US-based operating company of advertising giant WPP, entered an agreement to pick up a majority stake in Mumbai, India-based social media agency Social Wavelenth for an undisclosed amount to expand its market reach.

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US venture capital firm Andreessen Horowitz closes fourth fund at $1.5B

Silicon Valley, US-based venture capital firm Andreessen Horowitz closed its fourth fund at $1.5 billion to invest in a varied range of sectors including 3D printing, consumer mobile, and bitcoin.

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