US-based non-profit technology transfer center for bakers and food processors American Institute of Baking (AIB) added Beijing, China-based certification body Beijing Sino-Swiss ADC Service Co Ltd (SSADC) for an undisclosed amount.
Sectors
Berkeley startup MobileWorks raises $2.1M to revolutionize outsourcing
Berkeley, US-based startup MobileWorks raised $2.1 million in funding to change the way outsourcing works by generating online jobs for people who cannot enter the traditional career path.
GE Healthcare to open startup space in Finland
Medical and pharmaceutical firm GE Healthcare Finland is planning to free up several floors in its Helsinki complex to transform the area into a corporate space where startups can collaborate and hold office.
China-based Tencent Holdings Ltd to acquire 20pct in Dianping.com
Tencent Holdings Ltd, the biggest Internet company in Asia, purchased a 20% stake in online review platform Dianping.com, as it steps up its location-based services, Bloomberg reported.
Australian minig firm Balamara to divest non-core assets in the Balkans for A$15.2M
Subiaco, Western Australia-based mining firm Balamara Resources Ltd agreed to divest three of its non-core assets located in the Balkans for A$15.2 million to focus on its flagship projects.
Latest News
In response to a petition filed on the online platform WeThePeople, the White House reaffirmed its backing for net neutrality in an official blog post written by Gene Sperling and Todd Park.
Jackson, Mississippi-based fresh eggs producer and distributor Cal-Maine Foods agreed to acquire the remaining 50% of the remaining interests in Utah-based Delta Egg Farms from Iowa-based Sunbest Foods for a total of $17 million.
Menlo Park, US-based scientific outsourcing startup and service provider Transcriptic bagged a total of $4.1 million in funding to introduce automation and robots into the process of scientific research.
FireLayers, a cloud security startup backed by YL Ventures, has taken itself out of stealth mode. The startup provides tools that allow companies to securely use cloud applications.
Health and lifestyle investors Tripp Baird and Vishal Vasishth are in the process of raising $150 million for their Builders Fund in San Francisco, based on a document filed with the Securities and Exchange Commission (SEC).
The Social+Capital Partnership, Mayo Clinic, Rock Health and unnamed venture capitalists from Silicon Valley invested $1.1 million to Ambient Clinical Analytics, a startup formed by a group of doctors from the Mayo Clinic, VentureBeat reported.
Needham, US-based digital video advertising distributor Extreme Reach pocketed $50 million in a venture round from Village Ventures, Greycroft Partners, Spectrum Equity, and Long River Ventures.
Aside from robbing income from original makers of content, piracy websites also make around $4.4 million annually from ads, according to a study published by Digital Citizens Alliance.
Tokyo, Japan-based Internet services company Rakuten Inc opened its first European research and development (R&D) facility in Paris, France, which is called the Rakuten Institute of Technology.
