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Kenyan startup CladLight creates Smart Jacket to reduce motorbike accidents

Kenya-based wearable tech startup CladLight created the Smart Jacket, a wearable jacket with modified reflector and transmitter, to make motorbike driving more stable and help reduce the number of accidents in the country.


Bitium secures $6.5M in Series A funding round led by Polaris Partners

Polaris Partners led the Series A financing round for Santa Monica, California-based enterprise software startup Bitium which raised $6.5 million, a statement about the funding said.

UK energy firm 3sun bags $16.7M investment from Business Growth Fund

Norfolk, UK-based energy firm 3Sun Group bagged a $16.7 million (£10 million) investment from the Business Growth Fund (BGF) to fuel its European expansion and workforce addition.

Anytime Fitness secures investment from Roark Capital Group

Co-ed fitness franchise Anytime Fitness has received an equity investment in private equity firm Roark Capital Group, a statement about the funding said. Terms of the deal were not provided.


Latest News

Penzance, UK-based firm Acoustic Stream launched a $50,000 crowdfunding campaign via Kickstarter to develop a 4-in-1 device that allows guitarists to tune their guitar, and record, stream, and share their performances to the world.
Mumbai, India-based social venture capital firm Aavishkaar Venture Management invested INR18.6 crore in US-based luxury lifestyle brand Mela Artisans for the latter's domestic and international product expansion.
Pharell's hit single Happy, turned the star studded audience of the Academy Awards night into a groovy crowd as some of the big names danced to his performance.
Cortana, an upcoming update for Windows Phone 8.1, is Microsoft's answer for rivals Siri and Google Now.
The said failure of PCI standards is not the reason why payment card data breaches are taking place. Rather, it's the attitude of the people, according to Christian Janoff, a Security Solution Architect of Cisco Systems, in his VentureBeat guest post.
London, UK-based hotel metasearch Top10.com raised $8 million in a Series B financing round led by Balderton Capital to fuel its expansion into Europe and its plans to beef up its workforce.
Kickstarter will most likely surpass the $1 billion mark pledged for the crowdfunding projects launched on the site in the next few days, TechCrunch reported.
Tokyo, Japan-based Bitcoin exchange Mt Gox set up a call center to deal with the inquiries of Bitcoin users after it lost $473 million worth of the digital currency and filed for bankruptcy protection.
ExitTicket, a student response system designed by Dr. Louise Walters and rolled out last year, was acquired by EdStart.com from Leadership Public Schools, a statement about the acquisition said.
Ellen DeGeneres' "selfie" was named the most retweeted image on Twitter after taking a pose with Hollywood's biggest name during the Academy Awards night.