UK-based PayasUgym secures £1.6 million more in new funding round

UK-based PayasUgym has obtained £1.6 million in a new round led by Albion Ventures, MMC Ventures and other angel investors, bringing to £3.5 million its funding total to date, TechCrunch reported.


WestTech Ventures launches tech incubator Project Flying Elephant in Berlin

Masoud Kamali and Alexander Kölpin, Founders of WestTech Ventures, have introduced Project Flying Elephant, their incubator in Berlin that will focus on deep tech startups, VentureBeat reported.

Ebuzzing and Teads consolidate to form worldwide video ad giant

The merger of online video ad platforms Ebuzzing and Teads will create a global video ad group that will continue to provide complementary offerings to its clients, TechCrunch reported.

Singapore's sovereign wealth fund GIC backs Intelligent Energy Holdings with $63M

GIC, a sovereign wealth fund in Singapore that manages its foreign reserves, has supported UK-based Intelligent Energy Holdings with $63 million, a statement about the funding said.


Latest News

London, UK-based social shopping startup Nuji nabbed $2 million in a seed funding round from TAG, Seedcamp, Samos, and other angel investors to launch an iOS app this April.
The Chennai Labs (TCA) and Spark Capital backed Bangalore, India-based engineering education startup Skyfi Labs with an undisclosed amount for its expansion and product development.
Saint Helier, Jersey-based gold mining and minerals exploration Lydian International pocketed C$4.7 million in a private share sale to its shareholders International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (ERBD) to fund its operations in Armenia.
PHEMI Health Systems, a Canada-based big data platform, has bagged a seed funding round of $2.8 million from various investors, a statement about the funding said.
Bulgaria-based courier firm Speedy will acquire the delivery businesses of France-based firm GeoPost in Romania from LA Poste's GeoPost Group and Yurtichi Cargo Servizi AS for €15.3 million.
Texas, US-based PC giant Dell added Tulsa, Oklahoma-based analytics and data visualization software firm StatSoft for an undisclosed sum to beef up its software portfolio.
Texas, US-based PC giant Dell added Tulsa, Oklahoma-based analytics and data visualization software firm StatSoft for an undisclosed sum to beef up its software portfolio.
Virtual View App, a London-based augmented reality startup for the property market, has bagged its first external funding round of $500,000 from unnamed backers, TechCrunch reported.
A new tax law in the UK that will take effect at the beginning of 2015 seeks to close a loophole that exempts online music, apps, and downloads from a 20% value added tax.
Bitcoin exchange platform Vircurex said it will stop withdrawals of digital currencies and freeze user accounts starting March 24, 2014, according to a statement on its website.