VENTURE CAPITAL POST

500 Startups is seeing a great potential in Vietnam, where more than half of its population are below the age of 30 and most adults are using smartphones. The Silicon Valley-based accelerator is preparing a $10 million investment fund dedicated for Vietnam startups.

500 Startups makes the headlines these days closing new deals with new investments partners as it intensifies its intention to conquer the world.

San Francisco, US-based large media storage startup Streem raised $875,000 in seed funding from Y Combinator, 500 Startups, and other angel investors to provide unlimited cloud storage for their customers at $20 per month.

Tech website Tech.eu has raised a small funding round valued €150,000 from multiple angel investors to support expensive content as it promotes to bridge the gap in the tech industry in Europe.

Airbnb’s Storefront has received additional USD7.3 million funding led by Spark Capital, reported TechCrunch.

Dhaka-based online grocery site ChalDal secured an undisclosed seed investment round from 500 Startups. This is the first investment in Bangladesh of the California-based accelerator, TechCrunch reported.

New York, US-based business workshop Javelin Inc landed $1.5 million in a funding round led by Mark Suster and Upfron Ventures to teach big companies to innovate like a startup.

Mountain View, US-based investment firm 500 startups organized Rainbow Round, a monthly meeting where members of the LGBT (Lesbian, Gay, Bisexual, and Transgender) community from the tech sector can talk about their interests and struggles.

Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.

Playbasis, a Thailand-based gamification startup, has secured seed funding of $770,000 from Ardent Capital, 500 Startups and Axis Capital to expand its reach in Asia , TechCrunch reported.

MyHealthTeams has obtained $3.36 million for its Series A funding round led by The Westly Group to create social networks to help those living with chronic conditions, TechCrunch reported.

The most active venture capital investor last year is 500 Startups with 57 new deals made and 77 total deals in all, data from DJX VentureSource revealed.

Sightly was able to obtain $1.7 million in seed funds in a round led by Mac Capital and participated in by other investors which included Tomorrow Ventures and 500 Startups.

The co-founders of Bangalore, India-based offline search engine Innoz are seeking $500,000 in seed funding to build a rival app for Jelly which will target the US market.

US-based mobile health consultation app First Opinion raised $1.2M in funding from Greylock, Yuri Milner, Felicis Ventures, and 500 Startups to expland its consultants and workforce.