Kenya's Britam would acquire 30 percent stake in Continetal Re Kenya Ltd in a deal valued USD3.5 million, reported Ventures Africa.
Sectors
Finnish corporate wellness startup HeiaHeia scores €1.5M in first funding
Helsinki, Finland-based corporate wellness startup HeiaHeia scored €1.5 million in its first funding round led by Wallstreet Financial Services for its international expansion, marketing improvement, and product development.
Mt Gox to go for liquidation instead of bankruptcy
Tokyo, Japan-based Bitcoin exchange Mt Gox will file for liquidation in Tokyo instead of its initial plan of rebuilding the firm under bankruptcy protection after a bug reportedly brought the site down.
Chicago startup Miret Surgical pockets $664K in Series A round to make surgeries less invasive
Chicago, US-based medical device startup Miret Surgical pocketed $664,750 in a Series A funding round from several angels and venture capitalists to develop a set of laparoscopic tools that will make surgeries less invasive with less scarring.
British cross-border payments startup The Currency Cloud raises $10M in funding
London, UK-based cross-border payments startup The Currency Cloud raised $10 million in a Series B funding round to make international payments smoother and more transparent.
Latest News
Jordanian startup Mixed Dimensions has raised USD1 million to go mainstream with 3D tools, reported TechCrunch.
Embattled Canadian smartphone maker BlackBerry has acquired healthcare IT firm NantHealth, reported TechCrunch.
Hacker Andrew Auernheimer a.k.a Weev has been freed from prison and talked about establishing a new hedge fund called TRO LLC, reported TechCrunch.
Naguib Sawiris has been looking at a potential investment in Telecom Italia, his latest attempt after failing to get hold of stake two years ago, reported Ventures Africa.
Zebra Technologies Corporation and Motorola Solutions has signed a deal for a merger agreement valued USD3.45 billion, reported ET.
Comcast Corp and Time Warner Cable's merger was backed by Washington Post in an editorial posted Tuesday, reported Reuters.
Brooklyn, US-based men's shoe retailer GreatsBrand scored $1.5 million in a seed funding round led by Resolute Ventures to restock its inventory of affordable shoes and continue building its brand.
Boston, US-based food ordering platform ezCater scooped up $4 million in a funding round from several investors and high-net worth individuals to beef up its online list of food caterers around the country.
Beaverton, US-based marketing automation software vendor Act-On landed $42 million in its fifth funding round led by Technology Crossover Ventures (TCV) to fuel its growth.
