Growth Equity

US-based crowdfunding platform EquityNet raises $2.1M for expansion

Fayetteville, Arkansas-based crowdfunding and business planning platform EquityNet LLC raised $2.1 million in a new fundnig round led by Proton Enterprises for the expansion of its equity crowdfunding platform.

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San Francisco digital marketing firm Kenshoo secures $20M in funding

San Francisco, US-based digital marketing tool developer Kenshoo secured $20 million in a funding round led by Bain Capital Ventures to launch its predictive media optimization platform.

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Canadian social reading community Wattpad pockets $48M in Series C funding

Ontario, Canada-based social reading community Wattpad pocketed $48 million in its Series C funding from its existing investors to expand its workforce and develop its product.

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New York ultracapacitor maker Ioxus secures $21M in Series C round

Oneonta, US-based large format ultracapacitor manufacturer Ioxus secured $21 million in its Series C funding round to help address climate change by integrating its products into hybrid buses in China.

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Oklahoma-based anti-abortion firm Hobby Lobby stirs controversy by backing contraception makers

Oklahoma, US-based anti-abortion craft store chain Hobby Lobby stirred controversy by investing $73 million in Pfizer, Bayer, and other companies that make abortive drugs and contraception.

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J-Lo’s NuvoTV inks deal with Fuse TV

According to sources who asked not to be named, J-Lo’s NuvoTV has inked a deal with Fuse TV, allowing the channel to reach more viewers, reported Bloomberg.

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Databank Financial Services launches private equity fund for agricultural sector in Africa

Databank Financial Services has launched a private equity fund to cater to small and medium industries in Africa's agricultural sector.

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TransCentury sells stake in railway firm Rift Valley Railways

Kenya's investment firm TransCentury has sold 34 percent of the stake it holds in Rift Valley Railways to Citadel, reported Ventures Africa.

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Investments surged in Nigeria's sugar industry

The sugar industry of Nigeria would be expecting a lot of hefty investments from key players in the market following the increase of demand for sugar, reported Ventures Africa.

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Redefine International acquires 40 percent stake BNRI Earls Court

Redefine International announced on Monday its acquisition of a 40% stake BNRI Earls Court in a deal valued GBP6.3 million, reported Ventures Africa.

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American Born Moonshine pockets $6.1M in new equity

Nashville, US-based Windy Hill Spirits Inc, the maker of American Born Moonshine, pocketed $6.1 million in new equity from undisclosed investors to continue producing high quality moonshine for its customers.

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Kitchensurfing secures $15M for its Series B funding round

Kitchensurfing has secured a $15 million investment for its Series B round led by Tiger Global Management and participated in by Union Square ventures and Spark Capital.

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Crossbar bags $25 million in Series C financing round

Resistive RAM technology pioneer Crossbar Inc obtained $25 million for its Series C financing round from its current backers and new investors, a statement about the funding said.

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ClearStory Data secures $21M in Series B funding round

ClearStory Data was able to get $21 million for its Series B funding round led by DAG Ventures and joined in by other backers, TechCrunch reported.

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