World's biggest solar thermal power plant opens in the Mojave Desert

Ivanpah Solar Electric Generating System, the biggest solar thermal power plant in the world, opened in the Mojave Desert on Thursday with the help of the technology provided by BrightSource Energy and the $1.6 billion loan guarantee from the Department of Energy.


BodeTree goes freemium to help US small businesses secure loans from local banks

Arizona, US-based lending startup BodeTree offered its analytics and automated funding services for free to help small businesses in the country secure funding from local banks

US-based angel investor Gary Vaynerchuk launches $25M seed fund

US-based angel investor and Wine Library TV founder Gary Vaynernuck partnered with RSE Ventures cofounder Matt Higgins to launch a $25 million seed fund called Vayner RSE which they might be used to start a new brand of wine.

Social marketing startup Little Bird nabs $1.7M in new funding

Oregon Angel Fund led the $1.7 million round "Series Seed" round for Marshall Kirkpatrick's social marketing startup Little Bird, bringing the company's total funds raised to date to $2.7 million, TechCrunch reported.


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Matrix Partners, Ellen Levy and Sandra Perkins invested $1.5 million for the seed funding round of RocksBox, a subscription jewelry service that aims to empower consumers, TechCrunch reported.
Ronny Conway closed his early-stage fund targeted at relieving the Series A crunch for startups. The size of the fund was $51 million, TechCrunch reported citing a filing with the Securities and Exchange Commission.
Smart bathroom scale maker PICOOC is raising $20 million for its second institutional funding round. The company makes the smart body scale brand Latin, TechNode reported.
Yevvo, the iPhone app developed by Israeli firm Yevvo Entertainment Inc, gives a platform for selfie stars to share live videos of themselves to a virtual audience, the Venture Capital Dispatch reported.
CloudPassage, a San Francisco-based cloud security provider that aims to keep the bad guys out of clouds, has raised $25.5 million for its new financing round led by Shasta Ventures, VentureBeat reported.
Betaworks, a New York-based media products maker and seed stage investor, has received additional funds amounting to $10 million in a round led by Digital Garage, TechCrunch reported.
Citia, a publishing platform that helps marketers and content creators take advantage of the shift to a card-based structure, has bagged an added $600,000 from David S. Rose and Geoff Judge, TechCrunch reported.
The savings of the European Union's 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.
Switzerland-based Lemoptix has raised and undisclosed funding amount from Swisscom Ventures, the venture arm of Swiss telco. Lemoptix develops technology that can embed micro-projectors in various devices, TechCrunch reported.
Fuel3D, the UK-based company that raised $300,000 on Kickstarter for its high resolution 3D scanner, has secured $2.6 million for its early stage funding round, TechCrunch reported.
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