VENTURE CAPITAL POST

The NBA players cast their votes for the benefit of the retirees. It was a unanimous vote. They are hopeful that taking this step will help in the future for NBA players careers mostly end after serving four years.

The Therapeutic Goods Administration (TGA) of Australia seeks suggestions after it announced its plan to adopt new EMA guidelines. Said guidelines include clinical development of drugs against Duchenne Muscular Dystrophy (DMD). TGA will accept comments until 9 November.

For the first time need to withdraw cash sovereign wealth fund as western Europe's bigget oil exporter.

Compound-the newly named firm which stage a $50M is under the umbrella of Metamorphic Ventures. The fund is allocated for the startups of the different areas like adtech, healthcare and etc.

In Columbia, the president and the farc laeder signed a deal. But the result of the vote shocked the president because it revealed that many opposed to the said agreement.

The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks.

Dymon Asia Ventures is the newly born capital arm of Singapore-based, Dymon Asia Capital, has spring the process to raise a $50-million debut fund, and is solely dedicated to Fintech Space, DEALSTREETASIA has acquired.

Ele.me secured a $1.25 billion investment from Alibaba and its finance business unit Ant Financial. China’s O2O business market are now booming as most Chinese consumers are using smartphones to do their daily activities.

Online video production startup 90 Seconds will pursue its global expansion after securing $8 million in Series A led by Sequoia India. The startup will also broaden its network of creative freelancers in India as well as in other countries.

DocSend received a new investment round totaling in $8 million to enhance its service on documents sharing and documents analytics. The startup has been focusing in documents as the core of most business deals.

Palo Alto-based venture firm Accel has raised a new fund. The fund is targeting the next generation of entrepreneurs in Europe and Israel.

Google will provide seed funding in Asia's renewable energy that will start off in Taiwan. Through the Center for Resource Solutions, the funds will be used to set up renewable energy certification programs.

Didi's target for funding has raised to $1.5 billion to compete with Uber in China. Didi operates in 400 cities and is expected to accelerate to about 10 million at the end of the year.