US food startups have made gourmet and speciality food available to consumers everywhere

US food startups like Goldbely and Mouth have made gourmet and speciality food available to consumers across the country this Christmas, the Financial Times reported.


Finland's Fennovoima inks deal with Russian state corporation Rosatom to construct 1,200MV reactor

Nuclear consortium Fennovoima on Saturday agreed to build a 1,200-megawatt nuclear facility with Russia's state owned corporation Rosatom. Rosatom will take a 34% stake in the group to fill a funding hole left by Germany's E.ON.

Is it the end of Bitcoin's venture funding run?

As the hype about the Bitcoin dies, a PCWorld report asks if the well for venture funding for the digital currency has come to an end.

Beleaguered LightSquared to receive up to $2.5B financing sponsored by Fortress

LightSquared, which has been in bankruptcy last year, may get $2 billion to $2.5 billion in financing backed by Fortress Investment Group. JPMorgan Chase & Co. in talks with lenders, who would need to commit by January 8.


Latest News

Singapore's National Research Foundation has poured in $500,000 in funding in health care startup Ring.MD to give Asian residents easier access to healthcare services online.
Venture capital investors and startup CEOs are feeling optimistic and confident about the venture ecosystem next year, according to a survey from National Venture Capital Association and Dow Jone VentureSource.
Germany-based incubator program Rocket Internet is planning to team up with telecom provider MTN Group to form Middle East Internet Holding (MEIH), which will invest $410 million to develop e-commerce firms in the region.
AlienVault, a provider of Unified Security Management solutions, secured $30 million to close its Series D round led by GGV Capital and first announced in September
Frankfurt, Germany-based private equity firm Nordic Capital said on Friday it has raised €3.5 billion ($4.8 billion) for its eight buyout fund amid decreased volatility in Europe.
Info Edge(India) Ltd, a company that runs several consumer Internet portals, has infused more than $700,000 into Bangalore, India-based online photography startup Canvera Digital Technologies Pvt Ltd.
New York-based online eyeglasses company Warby Parker has scored $60 million in a Series C funding round from its existing investors to beef up its customer support team.
International Finance Corporation, the private sector financing arm of the World Bank Group, has proposed to provide a $15.75 million debt financing to NSL Renewable Power. NSL plans to build a 40-megawatt wind farm in Maharashtra, India.
The Max's Group of Companies has bought Philippine-based casual dining chain operator Pancake House Inc prior to the former's local stock market debut, in a deal valued at almost PHP3.9 billion.
The Japanese government will shoulder the decontamination costs from the 2011 Fukushima nuclear disaster through the sale of its shares in Tokyo Electric Power Co. Decontamination costs are estimated to reach ¥2.5 trillion.
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