Marsa, Malta-based telephone and cable television services provider Go PLC agreed to purchase a 25% stake in Nicosia, Cyprus-based firm Cablenet Communications Systems Ltd for €12 million in convertible loan.
Investors
TrueVault secures $2.5M in seed funding round
TrueVault, a healthcare app data security startup which launched recently from the latest Y Combinator class, was able to obtain $2.5 million for its seed financing round, TechCrunch reported.
Times Internet backs Indian mobile education startup GradeStack
Uttar Pradesh, India-based Internet network Times Internet backed Noida-based mobile education startup GradeStack with an undisclosed amount to turn mobile education into a social experience.
Intel to pour $15M into Israeli smarglasses startup OrCam
Intel Capital is planning to pour $15 million in funding into Jerusalem, Israel-based smartglasses maker to continue helping visually impaired people using the startup's product.
Fullscreen adds Texas-based video game media firm ScrewAttack
California, US-based YouTube multi-channel network Fullscreen added Texas-based video game media firm ScrewAttack for an undisclosed amount just a couple of months after it bought mobile-video startup Supernova.
Latest News
5AM Ventures and Lundbeckfond Ventures led the $16 million Series A round for scPharmaceuticals, a pharmaceutical firm that is establishing products for subcutaneous delivery, a statement about the funding said.
RuiYi Inc, a biotech firm based in California and China, has secured $15 million for its Series B funding round from its existing backers, a statement about the funding said.
Split, the anti-social app that helps people avoid potentially awkward encounters has raised $1 million for its seed round from well-known private investors, a statement about the funding said.
CapMan Buyout X fund has agreed to buy a majority stake in sauna business Harvia Oy, a statement about the funding said. Financial terms of the deal were not disclosed.
OneVentures, an Australia-based venture capital firm, intends to raise $100 million from institutional investors and high net worth individuals for its OneVentures Innovation and Growth Fund II.
American software giant shelled out $150 million to acquire San Francisco, California-based product design and development firm Osterhout Design Group's (ODG's) intellectual property for wearable computing devices.
ThreatMetrix, the company that offers advanced cybercrime prevention solutions and online fraud protection, obtained $20 million for its latest funding round, VentureBeat reported citing a SEC filing.
San Francisco, US-based real estate equity crowdfunding startup RealCrowd Inc nabbed $1.6 million in a seed funding round from Data Collective, Y Combinator's Garry Tan, and some real estate managers.
London, UK-based user-generated news startup Oximity bagged an undisclosed amount of seed money from angel investors Ronnie Screwvala and K Ganesh to provide direct sources of global news in 180 languages.
