VENTURE CAPITAL POST

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.

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.

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.

Berlin, Germany-based car sharing startup CiteeCar landed $10 million in its Series A funding round led by Mangrove Capital Expansion to expand in Germany and in selected international cities.

San Francisco, US-based venture fund Data Collective landed $125 million for its third fund that exclusively invests in big data and data science startups, according to a document filed with the US Securities and Exchanges Commission.

Lexington, US-based healthcare IT service provider Imprivata filed for an initial public offering (IPO) to raise $115 million on the New York Stock Exchange (NYSE).

Santa Clara, US-based startup Crossbar bagged $25 million in its Series C funding round to expand the memory of a postage stamp-sized chip to one terabyte and make it 20 times faster that the best flash storage at present.

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.

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.

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.

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.

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.

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.

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.

After helping 3 million people in the Philippines and Paraguay get access to the Internet, social media giant Facebook launched the Connectivity Lab to build drones and lasers that will help more people get affordable Internet access.