Nanomix Inc, a California-based nanotechnology firm that develops next generation point-of-care diagnostic tests, received $12 million in private funding from "a strategic corporate partner and existing investors."
Sectors
M&A in Southeast US rises 17% in 2013- report
The mergers and acquisitions activity in the Southeastern portion of the US rose 17% last year, according to data from Mergermarket Group news service, The Tennessean reported.
GPS app maker Telenav acquires Berlin-based startup Kobbler for $24M
Sunnyvale, US-based GPS app maker Telenav acquired Berlin, Germany-based navigation startup Skobbler in a deal valued at approximately $24 million in a combination of cash and common stock.
Foreign investors' appetite for deals are more frequent, leaner - data
Interest in lower end market deals in Europe by foreign investors had been seen growing, according to the latest data released by Mergermarket. Almost a third of the 169 deals involving foreign investors seen last year were made in the UK, with Germany and Spain a distant second and third.
Oakhurst Dairy sold to Missouri co-op Dairy Farmers of America
Northern England, US-based milk processor Oakhurst Dairy was sold to Kansas City, Missouri-based dairy farmer-owned cooperative Dairy Farmers of America (DFA) for an undisclosed sum because of the absence of a suitable person to run he business.
Latest News
San Francisco, US-based marketing startup BrightFunnel secured just under $1 million in advisory funding to build a product that generates smarter and more accurate sales predictions.
Mountain View, California based seed accelerator Y Combinator (YC) announced that it will restrict its partner investments until three weeks after demo day to give all its startups an equal chance to raise funds.
Munich, Germany-based secondhand clothes marketplace Vinted landed $27 million in a Series B funding round led by Insight Venture Partners and Accel Partners for its expansion to the US.
Boston, Massachusetts-based health startup ZappRx scored a further $1 million in funding to streamline the prescription process for patients with pulmonary arterial hypertension (PAH) by becoming their electronic link to the pharmacy.
Costa Mesa, California-based firm GrowthHackers opened a community news site today where members can post resources and learning materials centered around growth hacking or marketing.
Mountain View, California-bases social login pioneer Gigya launched a new tool that will give marketers data that will flow into personalized online and offline marketing campaigns for American consumers.
San Francisco, US-based social media giant Twitter decided to buy more than 900 patents from American multinational tech firm IBM to settle patent infringement claims against it, with the two companies forming a patent cross-licensing agreement.
Flappy Bird, a mobile game created by Hanoi-Vietnam-based developer Dong Nguyen of dotGears Studios, hit the top spot of free mobile apps in the Google Play and iOS app stores, mainly because it is very challenging and frustrating.
The UK government is now listing down charities, educational, and other random websites wrongly blocked by Internet service providers when web filters designed to block porn came into full effect.
