Weather New York, NY +80°F

Funding

SKOREA-ECONOMY-BUSINESS-IT

South Korea Ambitions to Become Regional Hub for Tech Startups, Started to Blossom

Since her 2013 inauguration, president Park Geun-hye tried to enhance startups company and investing $3 billion. Now country starts to see the payoff of its initiative. One last hurdle is to change the people's mindset on entrepreneurship.

Read Full Article
Inside Tech Temple Co-working Space

China's Venture Investment May Face Slowdown in 2016

China's tech startup may find 2016 as a tough year as venture capital will face a slowdown this year. Analyst predicted venture capital in China will decline this year, and government try hard to boost the development.

Read Full Article
Career Fair Held In Manhattan

Tinder-like app for recruitment received $10 million in venture capital

The app has been widely used in Spain and just launched in Paris and London. The services focus on blue collar workers and small business who often need a more simple and time-saving recruitment process. The app works similarly to dating app Tinder, where one party can swipe to decide whether the profile on screen fit what they are looking for.

Read Full Article
European rabbit or Common rabbit...

Some Tech Startups Will Be Rabbits in 2016, Said Venture Capital Analyst

Unicorn is a term defining a startup company with over $1 billion valuation. Now, there will be other group of tech startups defined as "rabbit" to differentiate them from unicorns-overhype that become unicorpse.

Read Full Article
TechCrunch Disrupt SF 2015 - Day 1

Aircall raises $2.75 million in seed funding

Aircall said that it has raised about $2.75 million in a seed funding round. The funding was headed by Balderton Capital, followed by FundersClub and US-based angels.

Read Full Article
LIFESTYLE-US-TRAVEL

Wingz Received $11 Million in Series B Funding Led by Expedia

Airport ride-hailing service Wingz closed its Series B funding with $11 million on Monday. Expedia led the funding with participants from ltimeter Capital and Marc Benioff, CEO of Salesforce.com.

Read Full Article
SAUDI-OIL-ARAMCO

Part of Saudi Aramco’s Shares May Be Offered For International Investors

Aramco is the largest known oil producer in the world with a daily production of 10.25 MMbpd. KSA authority has increased feedstock prices to narrow down its budgetary deficits and also increases daily production rate to cope with the soaring demands. Now it is in efforts for Aramco’s listing for IPOs. If listed, Aramco will be the world’s first corporate entity with asset value of more than $1 trillion.

Read Full Article
Several people using their mobile phones

Walkie-Talkie Voice Messaging App Roger Lands $1M Led by Social Capital

Roger's walkie-talkie style voice messaging app that launched in 2015 gets a financial backing of $1 million from Social Capital. The new feature was created by ex-Spotify employees, Ricardo Vice Santos and Andreas Blixt, who have done complete justice to the phrase 'selling old wine in new bottle'. In the current scenario where voice messaging is no longer a novelty, Roger hopes to tap the market outside Asia where people are still stuck with texting, and win them with its simple, three-button structure.

Read Full Article
AcipHex pills, Eisai Co.'s anti-ulcer drug, are arranged for

Abingworth Raises $105M Fund

Abingworth, the life-sciences international investment firm, announced last Thursday that they have raised a new $105 million Abingworth Clinical Co-Development Fund (ACCF) - the result of an investment made by the European Investment Fund and others. The fund is designed to support late-stage clinical therapies through co-development companies.

Read Full Article
US Dollars

Finance Tech Company Bluevine Completed Its Series C Funding

BlueVine the fintech startup company completed its $40 million in Series C funding last Wednesday. The investment was led by Menlo Ventures and other participants.

Read Full Article
Portfolio Night 10 - Montreal Hosted By CloudRaker Sponsored By Getty Images

Queen's University Capital Club is Seeking Canada's Best Student Startup

The Queen's University Capital Club focuses on fueling the Canadian students entrepreneurial ecosystem. This year, they determined to foster more student startups with this competition where selected applicants can meet venture capitalists and accelerators that could help them develop their startups. All Canadian students are welcome to apply via the club's website.

Read Full Article
U.S. Government Funded TOR Network

Tor Project Ended Crowdfunding Campaign on Friday, Generating Over $200,000

The Onion Router (Tor) began as military intelligence research in 1995, before became a volunteer-based project in 2002. Now, the project tried to lessen dependency on U.S. government by launching a crowdfunding campaign.

Read Full Article
US-IT-COMPUTING

S3 Ventures Raised $8 Million Series B Fund for Datical

Datical, an Austin-based data management company announced on Thursday of its $8 million Series B funding. The funding was led by S3 ventures with its existing investors Mercury Fund and Austin Ventures.

Read Full Article
Risk Illustrations

Prevalent Networks Raised $8 Million in Series B Funding

Leading risk management software developer, Prevalent Inc. received its first Series B funding last week. Led by Spring Mountain Capital Invest, joined by its existing investor, Fulcrum Equity Partners.

Read Full Article
Texas

Texas-based Waldo Photo Closes $5 Million Seed Funding

Austin-based tech company, Waldo Photos closes its $5 million seed funding on Thursday. The seed funding round was led by California's venture capital firm Upfront Ventures.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics