Bristol, UK-based frozen yogurt seller AngelBerry turned to crowdfunding to raise at least £150,000 via Crowdcube to fund its plan to expand to 100 stores worldwide by 2016.
Deals
JPMorgan ceases work on Chinese IPO candidate as US regulators investigate hiring practices- sources
JPMorgan Chase & Co has stopped working on the planned initial public offering of Chinese firm Tianhe Chemicals as US regulators continue its probe of the bank's hiring practices in China, Reuters reported.
Synthelis secures €610,000 initial funding from French investors
French investors provided Synthelis, a company based in La Tronche, France that specializes in the production and characterization of therapeutic targets and antigens, with initial funding of €610,000.
Philippine-based Ongpin group hikes stake in Alphaland
Former Philippine trade minister Roberto V. Ongpin and his associates have hiked their collective holding in real estate developer Alphaland Corp to 50.57%, diluting British fund Ashmore's interest to 24.41%.
Israel-based cybersecurity firm Aorato receives $10M in Series B funding
Israel-based firm Aorato secured $10 million for its Series B round participated in by well-known investors as it launches into the cyber security with its pioneering product known as the Directory Services Application Firewall.
Latest News
Australia-based mining firm Heemskirk Consolidated inked a deal with Marquis Alliance Energy Group to sell its mineral plant in Canada for C$12 million as part of its startegy to focus on developing its Moberly facility.
Srinath Batni, a member of the Board of Directors of India-based IT services provider Infosys, sold 20,000 company shares for INR7.46 crore at the Bombay Stock Exchange (BSE).
India-based online baby and kids store FirstCry.com scored $15 million in a Series C funding round led by Vertex Venture Management to expand its online, offline, and mobile presence.
Goldman Sachs Group Inc is predicting a flood of initial public offerings to be held in South Africa as private equity buyers divest their investments, Bloomberg reported.
Wikipedia co-founder Jimmy Wales picked up a big stake in London-based mobile provider The People's Operator (TPO) in a bid to expand into the US and other international markets.
With a recovery in the IPO market propelling private equity backers to exit their investments, lenders are readying to list more UK retailers on the London bourse, the Financial Times reported.
Private equity and venture capital investors are exhibiting renewed interest in India's online retail space, a segment considered as an investment bubbly early last year, Mumbai-based online website dna reported.
Menlo Park, California-based security startup Adallom bagged $15 million in a Series B funding round led by Index Ventures to boost its sales presence and development projects.
Private equity companies are among the rising number of investors looking to invest in the commercial real estate market in Germany where cash-strapped owners are forced to make deals, Bloomberg reported.
