Europe

Detroit Institute of Music Education Inc secures $3M from private equity firm Beringea

Music education college Detroit Institute of Music Education Inc received a $3 million investment from private equity firm Beringea, a statement about the funding said.


Italian startup Flazio makes website building through your FB page simple

Italian website design service startup Flazio, backed by Zernike Meta Venture, allows users to create a website by using the content of their Facebook page, TechCrunch reported.

Twitter offers SMS alternative after Turkey ban

Twitter is now offering an alternative way of sending Tweets via SMS after Turkish Prime Minister Recep Tayyip Erdogan lambasted social media for linking him to a corruption scandal and blocking the social network in the country.

Mail.ru boosts stake in Russian social network Vkontakte.ru

Internet company Mail.ru signed an agreement to buy the 12% stake of Ivan Tavrin in Russian social network VKontakte.com for an undisclosed amount to bring its total holding to 52%.


Latest News

What3words, the startup that seeks to provide three-word strings to map a location, has added $1 million to its seed financing round participated in by undisclosed investors, TechCrunch reported.
Colonoscopy system maker Invendo Medical was able to secure $28 million for its latest funding round led by new backer Xeraya Capital, a statement about the funding said.
Munich, Germany-based app crowdtesting startup Testbirds picked up €2.1 million in its Series A funding round led by Seventure Partners for its expansion across Europe.
Cupertino, US-based cloud marketing startup Ensighten purchased London, UK-based tag management firm TagMan for an undisclosed sum to gain traction over its bigger rivals in the website marketing sector.
Cambian Group intends to hold its initial public offering in London to raise £20 million or $33.2 million, Reuters reported. The healthcare firm is owned by private equity firm GI Capital.
Northern Ireland-based energy investor Tom O'Gorman bought the Blarney Golf Resort in Co Cork for €2.5 million (£2 million) and confirmed that the company will continue operate as usual.
UK-based medical professionals' e-learning network Meducation picked up $1 million in seed capital from the Technology Strategy Board and private investors to help medical students and practitioners gain access to more educational materials.
With follow-on investment led by MMC Ventures, the Series A round for UK-based Invenias has now secured $2 million from the $1.5 million it raised in July, TechCrunch reported.
Norway announced that it is letting its sovereign wealth fund World Wildlife Fund (WWF) lead a major investment in the renewable energy sector of the country to reduce greenhouse gas emissions.
NVM Private Equity has invested £7 million for the management buyout of No. 1 Traveller, an airport hospitality specialist, a statement about the funding said.