California's Oculus VR raises $75M to launch virtual reality goggles

Irvine, California-based firm Oculus VR has raised $75 million in a funding round led by venture capital firm Andreessen Horowitz to launch a consumer version of the tech firm's virtual reality goggles.


Ireland picks Britain's Centrica-led consortium for €1.2 billion gas utility sale

The government of Ireland has chosen a consortium led by British energy supplier Centrica PLC to acquire the retail unit of its gas utility Bord Gais Energy. Centrica's group will buy the asset for €1.12 billion.

TrueCar nabs $30 million from Paul Allen's Vulcan Capital

Car pricing information website TrueCar.com has received a $30 million investment from Vulcan Capital. Vulcan Capital is controlled by Microsoft Corp. co-founder Paul Allen and has been investing in Internet and technology firms.

RRJ takes China Everbright International stake for $350M

Hong Kong-based private equity fund RRJ Capital Ltd bought a 7.85% stake in renewable power developer China Everbright International Ltd in a deal valued at $350 million.


Latest News

Texas-based tech giant Dell announced a new $300-million venture capital fund that will support enterprise technologies, big data, cloud computing, next generation data center, security, and mobility startups.
Citing sources, Bloomberg reported that consumer and retail-focused private equity firm Sycamore Partners is nearing a deal for the acquisition of retailer Jones Group Inc.
San Francisco-based mobile security company Mocana has received $15 million from a funding round led by GE Ventures, to build out the company’s products that prevent hacking of Wi-Fi-enabled objects.
A Bloomberg report said Berry Plastics Group Inc is seeking to refinance its debt, offering to pay 2.75 to 3 percentage points more than the London interbank offered rate.
Fremantle-based livestock export giant Wellard Group’s shipping and land division have attracted strong interests from wealthy investors in Saudi Arabia and Brazil, according to industry insiders.
Virgin Australia's biggest shareholders, Air New Zealand, Etihad Airways, and Singapore Airlines, have upped their stakes in the troubled Australian airline by 4%, lifting their combined position from 63% to 67%.
Zubie, a connected car service provider headquartered in South Carolina, raised $10 million for its Series A round led by Castrol innoVentures, Comporium Inc and OpenAir Equity.
Boston-based caregiver services provider Care.com aims to raise $80 million in its initial public offering (IPO) on the New York Stock Exchange to capture the care market and develop new products.
Education startup Koru secured $4.35 million from Maveron and other investors to help transform the way recent college graduates prepare to work in the real world.
Moody's says the outlook for the Australian infrastructure sector is stable, underpinned by a resilient economy.