Queensland, Australia-based mining and exploration firm Axiom Mining acquired the gold-silver and copper-gold mineralization West Guadalcanal Project located in the Solomon Islands for an undisclosed amount.
Funding
DeNA invests in South Korean couple chat app Between
Japanese gaming platform and web services provider DeNA invested an undisclosed amount in Between, a chat app for couples created by South Korean firm VCNC, to help the app become an open platform.
iSocket secures $5M in new funding round led by Time Warner Investments
iSocket, a San Francisco, California-based direct ad sales platform, was able to secure $5 million in its recent round of financing, led by Time Warner Investments, TechCrunch reported.
New York travel company Rocketrip bags $2.6M in Series A funding
New York, US-based travel management firm Rocketrip bagged $2.6 million in a Series A funding round led by Canaan Partners to accelerate its product development and to beef up its sales and customer services.
Former executive editor Bill Keller to leave New York Times for news startup
New York Times columnist and former executive editor Bill Keller will be leaving the American media firm to become the editor-in-chief of nonprofit news startup The Marshall Project on March 1.
Latest News
SportPursuit, a flash sales site based in the UK, nabbed £5M from its Series B financing round led by London-based venture capital firm DFJ Esprit and participated in by Silicon Valley Bank and angel investors, TechCrunch reported.
Oregon, US-based startup bRight Switch launched a crowdfunding campaign on Indiegogo to raise $115,500 for a prototype of a wall-fixed smart tablet that will replace the ordinary home light switch.
MassHousing, a self-supporting quasi public agency in Massachusetts, has closed $11.8 million loans to acquire and convert Sitkowski School to 66 affordable apartments for seniors, Boston.com reported.
As crowdfunding continues to grow in popularity, its effect towards giving to more established and bigger charities have become a cause for concern among nonprofits, The New York Times reported.
Ten billion shares of common stock were offered by bitcoin firm Bitcoin Kinetics on the website Cryptostocks, Quartz reported. The startup intends to make hardware that enables vending machines to accept payment in Bitcoin.
New York City, US-based smart flight finding mobile app Hit List exited the beta phase and is currently raising around $500,000 in its seed funding round.
Noida, India-based optimization software startup IntelloCut secured $200,000 (INR1.3 crore) in funding from a group of investors led by Blume Ventures and Google India's Ranjan Anandan.
London, UK-based startup Togethera closed $250,000 in a seed funding round led by European and American angel investors to roll out its private family photo sharing app on Android.
Moscow, Russia-based investment fund Flint Capital and government-backed early-stage fund FRII poured an undisclosed amount into St Petersburg-based photo manipulation detecting startup SMTDO Tech LTD.
