Winnipeg, Canada-based non-profit agricultural organization Canadian International Grains Institute (Cigi) receoved a $1-million investment boost from Regina-based grain-handling firm Viterra Inc to promote Canadian field crops locally and internationally.
Sectors
US-based venture firm Founders Fund gathers $1B to invest in startups
San Francisco, US-based venture capital firm Founders Fund gathered $1 billion for its fifth investment fund called Founder Fund V which will back startups from various sectors.
Boxever secures $6M in round Polaris Partners
Irish startup Boxever which provides an airline-focused personalization platform raised $6 million in a round led by Polaris Partners and joined in by Frontline Ventures, TechCrunch reported.
Sashi Reddi backs Indian fast food chain Hello Curry
Indian entrepreneur and angel investor Sashi Reddi is backing Hyderabad-based fast food restaurant chain Hello Curry with INR3 crore from his seed-stage venture fund Sri Capital.
Tiger Global Management leads $77M investment in alternative lending platform OnDeck
OnDeck, an alternative lending platform for small businesses, secured a $77 million investment in a round led by Tiger Global Management and joined in by its existing investors, TechCrunch reported.
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AppsFlyer, a mobile analytics startup based in Herzliya, Israel, obtained $7.1 million in its most recent financing round from Pitango Venture Capital and Magma Venture Partners, Globes reported.
Former Apple chief John Sculley is teaming up with former HTC India head Ajay Sharma and Singaporean investment firm Inflexionpoint to launch a yet-unnamed smartphone brand in India, which will release its first units in April.
Mobile gaming startup Omnidrone has bagged $2 million in its first institutional funding round. Investors included Nokia Growth Partners, London Venture Partners and Kibo Ventures, a funding statement said.
North Shields Tyne and Wear, UK-based independent wholesale firm Kitwave Wholesale Group acquired Durham-based frozen food and ice cream seller Eden Farm for an undisclosed amount.
Dubai, United Arab Emirates (UAE)-based cables manufacturer Ducab purchased Durham, UK-based cable maker AEI Cables for an undisclosed amount to expand its product offering and international market reach.
Viddsee, an independent film platform based in Singapore, has forged a content partnership agreement with Yahoo to bring Asian independent films to a wider audience, TechCrunch reported.
The Michigan Women's Foundation plans to grant low interest business loans in their "Angel Microloans" program to female entrepreneurs in Detroit to encourage them to set up their businesses there, The Detroit News reported.
Egress Software Technologies, a provider of cloud-based email and file encryption services, has received a £2.2 million investment from venture capital firm Albion Ventures, a statement about the funding said.
Raleigh, North Carolina-based Aseptia, a food firm that developed a technology that allows food to stay fresh without refrigeration and preservatives, raised $28 million in Series C funding which will fund the growth of its subsidiary Wright Foods.
