US venture capital firm Rise Capital to raise $146M to back startups in emerging markets

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.


Harvey Tool Company receives investment from The Riverside Company

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.

US-based solar-panel robotics startup Brittmore bags $1M in government grant

San Jose, US-based solar-panel robotics startup Brittmore Group bagged $1 million in a recent grant from the Department of Energy to automate the construction of solar power plants.

American music startup BandPage scores $8.5M in funding

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.


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Private equity firm Agribusiness invested INR75 crore in Bangalore, India-based nutraceutical and pharmaceutical ingredients supplier Beloorbayir Biotech for the latter's product development and international expansion.
Alibaba Group Holding, through its unit, will be buying a stake and subscribing to convertible bond shares in Intime Retail Group Co, a department store operator, Bloomberg reported.
Ohio, US-based 3D building company 3DKitBash launched a crowdfunding campaign via Kickstarter to raise $500 for a new 3D object files kit that lets users print skulls on their 3D printer.
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.
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.
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.
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.
Canoe Financial LP (the "Manager" or "Canoe") announced today that it has completed the second and final closing for the initial public offering (the "Offering") of limited partnership units ("Units") of Canoe 2014 Flow-Through LP (the "Partnership") in each of the provinces of Canada, except Quebec.
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.
Specialty teas maker Capital Teas secured $5 million for its Series A funding round from Pear Tree Partners, a statement about the funding said.