Memorabilia production will begin once William and Kate give the go signal to UK manufacturers. Manufacturers were prepping up to produce a mass of souvenirs and memorabilia for the royal baby's birth.

Algae International raises US $5 million in equity financing with AGS Capital, which will be used to develop its algae cultivation and development program.

Crowdly received $1.2M seed funding from Launchpad Venture Group, New York Angels, Laconia Ventures, and other institutional investors.

BizAnytime, a cloud based system, secured over US $2 million seed fund from small venture capitalists.

Panjo marketplace, a California-based startup company, secures seed funding in the amount of US $1.6 million from Spark Capital.

The royal baby was expected to receive the greatest inheritance ever received by any royal heir. The royal baby, who has not even been given a name yet, will inherit US$1 billion, according to Wealth-X.

Nate Robinson signed a contract with Denver Nuggets worth US$4.03 million. Nate Robinson will be signing a two-year contract with the Denver Nuggets. Robinson agreed to the deal Monday, according to a person knowledgeable about the negotiations.

Ryan Braun's suspension will cost him US$3 million and make him miss the final 65 games. Ryan Braun recently went through a season plagued with injury.

US President Barack Obama congratulated the royal family of Britain after Kate Middleton's successful delivery of the third in line to the British throne.

C2FO gets US $18 million in funding in a round led by Mithril along with its existing investors. C2FO, a market for working capital, closed US $18 million funding in a round led by San Francisco-based investment firm Mithril.