Battery Ventures, Austin Ventures and The Valley Fund have all made their commitments to back-up the newly launched accelerator program, OpenIncubate.
Investors
Multi-dollar rice invention scheme brings financial woes to Thailand
Multi-dollar rice invention scheme brought financial woes to Thailand. Moody, a ratings agency, warned Thailand of the risk "populist measures" would have on government finances.
Saks Inc shares rise due to new takeover offer
Starwood Capital Group LLC announced that they have made an offer to acquire New York based luxury department store chain, Saks Inc.
Grupo Aval to acquire BBVA Panama
Columbia's Grupo Aval announced their intent to acquire 100% stake in BBVA Panama Grupo Aval announced that they will pay US$490 million to acquire the Panamanian operations of BBVA Bank.
US agency to fund expansion of Pakistan hospital
US financing institution OPIC is set to fund the expansion project of Pakistan hospital. The Overseas Private Investment Corporation (OPIC), US financing institution, agreed to fund the expansion of Aga Khan University Hospital in Karachi, Pakistan.
Latest News
Serinus Energy formalize its strategic relationship with Dutco Energy Serinus Energy Inc. announced that the formation of a strategic relationship with Dutco Energy Ltd.
Maker’s Row announced that they were able to raise US$1 million from seed round. Maker's Row, announced that the company closed a seed round of US$1 million.
Brookwood Financial Partners, LLC acquires Dallas' Interchange Office Center. Brookwood Financial Partners, LLC announced that they have acquired the Interchange Office Center, in Dallas Texas.
Goldman Sachs Group, Inc and Bank of America leads the corporate bond sales this week, which raked in approximately US $30 million.
Pyramid Group takes the reins of Sheraton Hotel following the latter company's sale amounting to US $61 million
French company CEVA enters into an agreement with Sichuan subsidiary to acquire the latter's stake in animal health subsidiary.
Beleaguered lender Kommunalkredit proceeds with run-off after its efforts to find buyers fail. After its failure to find buyers, Kommunalkredit Austria AG is expected to close its books and attempt to sell off parts of its assets.
ZoomerMedia Limited annnounced the amalgamation of its wholly owned subsidiaries. ZoomerMedia Limited announced the completed amalgamation or merger of its subsidiaries, Zoomer Management Limited, the Christian Channel Inc.
Aldrin Resource Corp announced the conclusion of its private placement financing, as well as the acquisition of the Triple M Property.
