A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired by a trio of top private equity names in 2007.
Research
Oraya Therapeutics receives $215,000 grant to work with Dana-Farber Cancer Institute to study the potential use of nanomedicine in treating cancers
The US National Institutes of Health has awarded Oraya Therapeutics with a $215,000 Small Business Technology Transfer Grant to investigate gold nanoparticles development.
Cancer research startup Juno Therapeutics raises $300 million in less than a year
Seattle-based Juno Therapeutics announced it has closed Series B round of funding with $134 million. The new funding came from previous investors including ARCH Venture Partners, Alaska Permanent Fund, Bezos Expedition, the personal investment company of Amazon founder Jeff Bezos, and Venrock. Also participating in Series B are 10 other mutual funds and healthcare-related funds that wish to remain anonymous.
Top 20 African tech startups, PesaPal, mobile services providers in the lead
Technology startups in Africa help mobile and internet usage increase and continually grow in the future. Currently, about 16 percent of the continent’s population has access to the internet and is increasing. This makes Africa a transformative potential in the digital world. Listed below are promising tech startup companies that show impressive development since its operation.
Amazon, Twitter, Instagram Bank on Their Logos for Success: What Makes them Standout
There is power in a great logo. Whether they are plain and simple or colorful and exuberant, the logo’s capability to bring a company extensive brand recognition and distinction is undeniable. They aim to get the trust, respect and energy in the forefront of consumers’ thoughts.
Latest News
Moody's: EMEA high-yield market remains set for another record year, as private equity IPOs continue
With high-yield bond issuance of USD13.8 billion in May, and cumulative issuance reaching USD70 billion, 2014 looks well placed to set another issuance record according to Moody's
Despite significant increases in its use as a payment system and attention in the marketplace, Bitcoin is small relative to both traditional payment processors and global currencies, according to a Fitch Ratings Why Forum commentary published today.
Results of a study showed that the CoreValve system of Medtronic Llc posted a significantly higher rate of survival among patients who opted for the procedure than those who underwent open heart surgery, Reuters reported.
Based on four reports from PwC, RMG, Fastlane Ventures and East-West Digital News, the rapid growth of the Russian venture capital market has stopped, East-West Digital News reported.
Bloomberg Beta used predictive analytical tools and research to arrive at a list of 350 employees who could be future founders of startups, TechCrunch reported.
Center Coast MLP & Infrastructure Fund (NYSE: CEN) (the "Fund") declared today a regular monthly distribution of $0.1042 per common share. The monthly distribution amount represents a 6.25% annualized distribution rate relative to the Fund's initial public offering price of $20.00 per share.
A survey done by AsiaHedge showed that Asian hedge funds were able to add assets of nearly $20 billion in 2013, representing a strong performance after three years, Reuters reported.
"Without liquidity, Israel will not be able to transition from a startup to a scale-up nation or become a leader in new technologies whose global contributions also reap domestic rewards," observed Milken Institute Senior Fellow Glenn Yago.
Realty Mogul, a crowdfunding startup focused on the real estate market, said its members invested $14.6 million of equity in properties worth more than $100 million, TechCrunch reported.
