VENTURE CAPITAL POST

California-based Retention Science got more than USD 750,000 from Forerunner Ventures, an early-stage venture capital firm.

Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.

Vestagen Technical Textiles was able to raise USD 8.25 million for the commercial launch of its scrub uniforms.

Globecomm Systems Inc. said that it had agreed acquisition from Wasserstein & Co for USD340 million.

Private equity exits in India had doubled amid the weakened currency, unstable market capital and poor macro-economic conditions.

NakedWines.com received USD10 million new funds from WIV Wein International AG, as the company had plans for expansion into the US and Australian markets.

TagMan scored USD 5 million in a funding round led by Greycroft Partners and iNovia Capital.

Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.

A Reuters report stated that Amazon Inc invested a massive USD13.9 million on warehouse facilities to strengthen its expansion.

BlackBerry could go private to help improve market value.

The Nigerian federal government created a committee to enhance both private equity and venture capital investments across the country.

The SEC's new rule on sales of securities will allow starting companies and venture capitalists to gain more funds.

Sources said EIV Capital Management Company had now raised US$65 million for its new energy investment fund.

Private equity firm Darwin closes its first investment for 2013 with the success of Esendex management buyout.

PricewaterhouseCoopers reported that Florida received around US$156 million across 14 venture capital deals in the second quarter.