Oregon, US-based electric motorcycle manufacturer Brammo Inc landed $9.5 million in an on-going Series D funding round from Terracap Ventures and Aviva Investors amid efforts to cut cost and increase profitability.
Sectors
Bloodhound streamlines service with release of mobile lead capture app
Bloodhound has become more focused, turning away from its previous business of creating software tools for events, and launching applications that give mobile lead capture services, TechCrunch reported.
US-based solar microinverter provider SolarBridge closes $42M in funding
Austin, Texas-based solar microinverter provider SolarBridge Technologies closed $42 million in a funding round led by Constellation Technology Ventures to drive its expansion efforts across North America and Australia.
E-learning platform Quipper closes $5.8M in Series A2 round
London-based e-learning platform Quipper which makes Quipper School has bagged $5.8 million for its Series A2 fundraising round from Atomico, Benesse and other unnamed investors, TechCrunch reported.
US startup SeeSpace launches crowdfunding campaign for combined Internet and second screen product InAIR
San Francisco, US-based startup SeeSpace launched a $100,000 crowdfunding campaign via Kickstarter for InAIR, its new product that combines Internet and second screen functions.
Latest News
Venture capital investment in New York City for the first quarter of 2014 has reached a record of $1.3 billion to date, with startups in the Big Apple raising nearly $200 million in the past two days alone, TechCrunch reported.
Basketball superstar Shaquille O'Neal launched a $450,000 crowdfunding campaign via Indiegogo to redeem himself in the gaming arena and create a follow-up of the Shaq Fu video game which was released in 1994 and was heavily criticized for being a big flop.
The Linux Foundation will make its "Introduction to Linux" course available to anyone who wishes to learn about the open source software for free on the edX platform VentureBeat reported.
Former US Representative William Delahunt said medical marijuana is "not the golden calf" and he does not expect profits for the next several years from his medical marijuana dispensaries, the Cape Cod Times reported.
Microsoft is definitely not a startup but one team inside the technology giant is striving to encourage the promotion of new ideas through its "bing Incubation Project," VentureBeat reported.
New York, US-based matchmaking startup The Dating Ring has launched a $10,000 crowdfunding campaign on Crowdtilt to fly single women to San Francisco and single men to New York for a cross-country date.
An agreement was entered into between Walt Disney Studios and Shanghai Media Group Pictures to allow writers and filmmakers in the US and China to work together in producing Disney movies with Chinese themes, Reuters reported.
The Alfred Mann Foundation (AMF) launched Minnesota-based medical device startup Medallion Therapeutics to develop implantable infusion pumps that will administer drugs to patients with diabetes and neurodegenerative disease.
A Reuters report quoted Pimco Co-Founder and Co-Chief Investment Officer Bill Gross as saying "I'm so sick of Mohamed trying to undermine me" but a Pimco spokesman denied Gross made the statement, Reuters reported.
