Israel-based private equity firm Fortissimo Capital has bought one-third of online professional document translation services provider One Hour Translation in a deal valued at $10 million.
Funding
Enbridge invests $200M in Texas wind power project
Canada-based firm Enbridge Inc has announced an agreement to pour in $200 million in the Keechi Wind Project in Colorado, Texas, which is expected to be completed in early 2015.
Israel's OneHour Translation secures $10M in Series A from Fortissimo Capital
Israeli startup OneHour Translation raised $10 million from venture capital firm Fortissimo Capital for its Series A funding round. Proceeds will be used to continue with the firm's international growth.
Crowdfunding platform Launch Angels raises nearly $1M for first venture fund
Launch Angels, a Boston-based investment platform focused on equity crowdfunding, closed its first venture fund called Where Angels Fund with nearly $1 million. Associates from Where Inc were the investors in the fund.
Unilazer invests in Indian e-commerce firm EkStop, picks up 25% stake
Unilazer Ventures invested an undisclosed amount in Mumbai, India-based grocery e-tailer EkStop.com and has taken a 25% stake in the firm as part of the investment which will be used for the company's expansion.
Latest News
Malaysian firm Cahya Mata Sarawak has agreed to work with various companies to build the first integrated phosphate facility Southeast Asia, the Daily Express reported.
Tactus Technology, an on-demand tactile surfaces provider, said it closed the first part of its Series B funding round with existing investors led by Thomvest Ventures and the participation new investors from Asia.
California, US-based genomics startup DNAnexus raised $15 million to develop its cloud-based platform for storage and analysis of large amounts of DNA data, bringing its total funding to date to $31.6 million.
Ontario, Canada-based clay brick manufacturer Brampton Brick Ltd said it has closed the previously announced $40 million long-term loan for asset purchases and other general corporate purposes.
The private equity industry worldwide was able to reach $431 billion in fundraising last year, an increase of 13% from the funds raised in 2012, a Preqin study revealed.
North Carolina, US-based diagnostic and research service provider Metabolon Inc announced that it has closed $15 million in Series E financing through preferred stock issuance.
New York City, US-based video syndication startup Vidible closed $3.35 million in a Series A fundign round led by Greycroft Partners, according to a regulatory filing in December.
According to social marketing company Spredfast, who has accumulated over $60 million in funding to date, it has raised $32.5 million in Series D funding from several investors led by Lead Edge Capital.
Norway-based private equity group HitecVision has announced a growth capital investment in well intervention services provider DeepWell AS in a deal that marks HitecVision's entry into the well intervention industry.
