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.
Investors
Split secures $1M in seed funding round
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 to buy majority stake in Finnish sauna business Harvia Oy
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 seeks $100M for Innovation and Growth Fund II
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.
Microsoft shells out $150M for Osterhout's wearable computing IP
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.
Latest News
The $2 billion acquisition of Oculus VR Inc by social media giant Facebook Inc has turned the interest of investors to virtual reality startups, Bloomberg News reported.
US social customer solutions provider Lithium Technologies acquired San Francisco-based social media influence scoring platform in a deal valued at $200 million in combined cash and equity.
Business Development Corporation of America invested $30 million in the first external funding round of digital ad company CPXi which provides programmatic ad-buying services,TechCrunch reported.
Unterfohring, Germany-based mass media broadcasting firm ProSiebenSat.1 picked up a minority stake in Beverly Hills, US-based multichannel network Collective Digital Studio (CDS) for an undisclosed amount for expansion purposes.
Singapore-based digital currency payment firm GoCoin pocketed $1.4 million in its first funding round led by former Facebook executive Owen Van Natta and e-commerce site Bitcoin Shop for its sales and tech expansion.
Search giant Yahoo Japan is set to take Japan-based telco eAccess from Internet firm Softbank in a deal valued at $3.2 billion (JPY324 billion) to beef up its e-commerce and advertising businesses.
Houston, Texas-based home decor retail chain Garden Ridge bought a former Kmart store located along Reynolds Road in Southern Toledo for $1.6 million to renovate and re-occupy the said property.
San Francisco, US-based incubator launched a new $20-million venture capital fund to back early-stage hardware startups in the robotics, aerospace, agriculture, connected things, and transportation sectors.
Boston, US-based digital currency firm Circle Internet Financial closed a $17-million Series B round from Oak Investment Partners and other investors to help consumers conduct easier and safer Bitcoin transactions.
