UK-based growth capital fund Station 12 is raising $250 million (£150 million) for its new fund that will invest in the growth rounds of media tech startups in Europe.
Sectors
Chinese messaging app WeChat releases image recognition to third-party users
Guangzhou, China-based mobile messaging app WeChat released its image recognition SDK (Software Development Kit) this week to allow third-party users to add the technology to their accounts.
HP settles with DOJ for $108M over bribery and money laundering charges
Menlo Park, US-based printer giant Hewlett-Packard (HP) settled with the US Department of Justice (DOJ) and the Security and Exchange Commission for $108 million over the bribery and money laundering charges filed against it.
Samridhi Fund invests INR18 crore to help Kanungo Institute of Diabetes expand in India
Samridhi Fund invested INR18 crore in Bhubaneswar-based diabetes care provider Kanungo Institute of Diabetes Specialties (KIDS) to help the latter expand its services in rural India.
Microsoft Ventures establishes world's first startup hotline in India
Microsoft Ventures in India established the world's first startup hotline in Bangalore to give startups access to real-time professional advice regarding the accounting, taxation, legal, and technical aspects of a business via toll-free number.
Latest News
Enable Midstream Partners has announced its IPO price valued USD20 per share piece to start trading on Friday, April 11 on the NYSE.
San Francisco, US-based online food delivery startup Munchery raised $28 million in a Series B funding round led by Sherpa Ventures to bring its service to Seattle and other places in the US.
Stamford, US-based collaborative business intelligence (BI) platform Decisyon Inc landed $22 million in its Series B financing led by Catalyst Investors to support its global expansion.
The Hunt received USD10 million worth of new funding from Khosla Ventures and Javelin Ventures, reported TechCrunch.
San Francisco, US-based social music apps maker Smule scored $16.6 million in a new funding round led by Roth Capital Partners to develop its products and fuel its expansion into Asia.
RideScout, a transportation aggregating app that was previously available in Austin and Washington only, launched its service in San Francisco to help more people find the best route to get to their destination in real-time.
Ooomf changed its name to Crew and announced receiving USD2.1 million new funds, reported TechCrunch.
Lisec Group disclosed expansion plans directed to entering the Nigerian glass market, reported Ventures Africa.
Genesis Media received new funding which was valued USD6 million for interrupting ads known as ContentUnlock, reported TechCrunch.
