SiNode, a company that is working on prolonging the energy storage capacity of batteries and improving their charging rate, has secured seed funding from Energy Foundry, TechCrunch reported.
Sectors
Sime Darby picks up 70pct stake in Australian firm TFP Engineering in A$3.2M cash deal
Kuala Lumpur, Malaysia-based conglomerate Sime Darby Bhd, through its subsidiary Haynes Mechanical, picked up a 70% stake in Singleton, Australia-based mining machinery provider TFP Engineering for A$3.2 million (MYR9.5 million).
Fitch Group buys Business Monitor International for undisclosed amount
Financial information services provider Fitch Group has acquired risk and analysis provider Business Monitor International or BMI for an undisclosed amount, a statement about the deal said.
Illinois-based packaging firm Arpac adds Lambert Material Handling
Illinois, US-based specialist packaging supplier Arpac added New York-based conventional palletiser manufacturer Lambert Material Handling for an undisclosed amount to increase its portfolio of packaging solutions.
Manheim buys Scottish vehicle reseller Shotts Motor Auctions
Car dealer Manheim bought Lanarkshire, Scotland-based vehicle reseller Shotts Motor Auctions for an undisclosed sum in a bid to expand and beef up its product offering.
Latest News
Marseille, France-based last minute hotel booking mobile app VeryLastRoom bagged $2.1 million in a venture round led by APlusFinance and Extend & Sigma Gestion to fuel its expansion in Europe.
Analytics company Umeng said the number of active smartphone users in China has surpassed the 700 million mark as of the end of 2013, TechCrunch reported.
San Francisco, US-based event ticketing startup Eventbrite scored $50 million in a funding round from Tiger Global Management and T. Rowe Price to fuel its international expansion plans ahead of a potential initial public offering (IPO) in 2014.
Redwood City, US-based social media startup Banjo landed $16 million in a Series B funding led by Balderton Capital to fund its growth, international expansion, and product development.
MuleSoft obtained $50 million for its most recent financing round led by NEA, Lightspeed Venture Partners and Meritech Capital Partners, a statement about the funding said.
South Korean electronics giant Samsung filed a patent on September 2012 for a new method that lets users unlock the screen and activate apps and certain commands using a doodle.
UK's Business Secretary Vince Cable has commissioned Acorn Computer Co-Founder Hermann Hauser to evaluate how to maximize the government-backed technology centers launched in 2011, the Financial Times reported.
Starting April, United Airlines will roll out a free in-flight entertainment service for iOS devices and laptops that has more than 150 movies and 200 TV shows that passengers can stream.
Search giant Google is reportedly venturing into the set top business with its recent acquisition of Santa Clara, US-based mobile game and hardware developer Green Throttle Games for an undisclosed amount.
