Texas, US-based tech media startup Daily Dot Media (DDM) added London, UK-based tabloid-style news site The Kernel, whose editor-in-chief is stepping down from his position, for an undisclosed sum.
Europe
Glencore-Xstrata to divest stake in Tampakan copper-gold mine in the Philippines
Baar, Switzerland-based mining giant Glencore-Xtstrata is preparing to divest its stake in the Tampakan copper-gold mine in South Cotabato, Philippines, according to a disclosure to the Australian Stock Exchange.
Australian online tailoring startup InStitchu expands to the UK
Sydney, Australia-based online tailoring startup InStitchu expanded to the UK by partnering with two London-based entrepreneurs who planned to open a similar business but instead bought a minority stake in the company's new UK subsidiary.
UK-based phone recycling firm Redeem acquires rival Eazyfone
Bathgate, West Lothian-based mobile phone recycling company Redeem Holdings acquired Macclesfield, Chesire-based rival Eazyfone for an undisclosed amount to enhance its processing capability and increase its annual takeover.
London entrepreneur secures $1M to fund educational app Gojimo
London-based entrepreneur George Burgess secured $1 million (£604,000) in funding for the next project to develop a mobile app called Gojimo that helps high school students pass their exams.
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Nordic mid-market private equity firm CapMan Buyout picked up a majority stake in Finland-based luxury and lifestyle hotel chain Kamp Group for an undisclosed sum for the expansion of the group's operations.
Glasgow, Scotland-based formal hirewear supplier ACS Clothing bagged £8.5 million in funding from London, UK-based investor Business Growth Fund (BGF) for the expansion of its online activities.
Google is partnering with LEGO to build an virtual brick-building playground which can be accessed through a computer, smartphone, or tablet, using the new Build with Chrome application.
Bitcoin' chances to get recognition as a legal form of money or payment has been slimmed down again when a top foreign currency in Sweden, SEB AB, denied its clients' requests to open accounts in the bank to manage Bitcoins the latter owned.
GoCardless, a payments platform for online Direct Debits in the UK, was able to obtain $7 million for its Series B funding round led by venture capital firm Balderton Capital.
In its fourth expansion via acquisition, Paris, France-based carpooling site BlaBlaCar added Podorozhniki for an undisclosed sum to tap into the market of Russia and Ukraine.
Vint was able to secure seed funding worth $1.8 million led by Nordics VC Creandum and joined in by other venture capital firms and angel investors, including Zumba investor David Giampaolo.
Uppsala, Sweden-based program development tool Hansoft pocketed $8.4 million in its first round of funding led by Stockholm-based venture capitalist Spotify Creandum to support its sales and expansion programs.
Hamburg, Germany-based credit and loans startup Kreditech bagged $15 million in debt funding from Kreos Capital to finance consumer lending and expansion in Europe, Oceania, and Latin America.
