GE Energy Financial Services announced that it will invest $24 million in Welspun Renewables Energy Pvt Ltd's solar power project in Neemuch, India to help more people in the country have access to renewable energy.
Funding
Domain Elite invests $6.5M to bring SMART Medical Systems' endoscopy products to China
American venture capital firm Domain Elite invested $6.5 million in Israeli endoscopy and colonoscopy products maker SMART Medical Systems to bring the latter's products to meet the demand for the said products in Greater China.
Merus Capital forms special fund to invest in US ad-tech firm AdRoll
Palo Alto, US-based software-focused venture capital firm Merus Capital formed a special Merus Capital Opporunity Fund just after it closed its second fund at $43 million to support the late-stage development of San Francisco-based ad-tech firm AdRoll.
Ohio payments firm 2Checkout closes $60M in first financing to go global
Ohio, US-based Payments-as-a-Service company 2Checkout closed its first funding round at $60 million with Chicago Growth Partners and Trident Capital as the lead investors in a deal that will fuel its global expansion.
Texas-based virtual reality treadmill Virtuix Omni bags $3M in seed funding
Houston, US-based virtual reality (VR) treadmill maker Virtuix Omni bagged $3 million in its seed funding round with Tekton Ventures and Maveron as lead investors to fund the commercial release of its product.
Latest News
XAPPmedia has received a $3 million funding round from private investors that would be used to support the mobile ads platform of the company referred to as XAPP Ads.
Ondot Systems has been planning to develop a system that would allow credit and debit card holders to manage all aspects of their accounts through a mobile app making the company received $18 million investment.
Stitch has raised $3.25 million seed funding led by Google Ventures, Foundation Capital, Freestyle Capital, SoftTech and ENIAC Ventures with participation from angles including Tom Conrad, Brad Garlinghouse and Eric Hahn.
Startup Wish has received $19 million new investment led by GGV Capital and Formation 8 along with Yahoo's co-founder Jerry Yang while managing director for GGV Hans Tung joined the company's board of directors.
Nam Mokwunye's PublicVine, video marketplace startup allowing sellers and buyers alike to acquire videos has received $5 million funding round in time for the company to launch globally on June 6 this year.
California-based Synack, a crowdsourced platform for hacking into customers' security holes, raises $7.5 million for a series A funding round.
Marketing and analytics provider Piqora has received $7.7 mln Series A funding round from a number of venture capitalists led by DFJ and joined by Baseline Ventures, Firebolt Ventures, Freestlye Capital, Lazerow Ventures and Altos Ventures.
Quibb has announced receiving $650k seed funding from investors which would be added with another $100k round through Alphaworks, a crowdsourced equity exchange platform.
Maryland, US-based software cybersecurity firm HackSurfer bagged $3.5 million in a recent funding round to provide better cloud-based enterprise data protection for its customers from both private and government sectors.
