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Smart Ventures Inc seeks $100M for cannabis-focused subsidiary

Smart Ventures already tapped a veteran fund manager to work on the $100 million initial private placement fundraising for Cannabis Funding Group, the statement said.


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.

Tesla Motors Inc's GM resigned prior China expansion

Tesla Motors Inc's General Manager Kingston Chang resigned prior the car maker's expansion in China, reported Bloomberg.

Crossbar bags $25 million in Series C financing round

Resistive RAM technology pioneer Crossbar Inc obtained $25 million for its Series C financing round from its current backers and new investors, a statement about the funding said.


Latest News

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.
Google starts April Fools by launching Pokemon Challenge on Google Maps app, reported TNW. April Fools has reached Japan after Google pulled jokes on the first day of the month.
Kitchensurfing has secured a $15 million investment for its Series B round led by Tiger Global Management and participated in by Union Square ventures and Spark Capital.
Today, LA Reid announced that the late King of Pop's album titled XSCAPE would be released on May 13 containing eight tracks from Michael Jackson's archives.
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.
Warner Bros and JK Rowling announced that a Harry Potter spinoff would be released soon, reported Mashable.
After a victory against Winnipeg last Saturday, the Los Angeles Kings are set to battle wild-card leader Minnesota Wild on Monday.
Global private equity firm The Riverside Company provided an undisclosed investment amount to the Harvey Tool Company, a specialized cutting tools provider based in Rowley, Massachusetts.
ABC's Good Morning America is left with another exit after Josh Elliott announces he is moving to a new job at NBC Sports, reported The Huffington Post.
Malaysian authorities corrected the last known communication of missing flight MH370 from "all right, good night" to "Good night Malaysian three seven zero."