London, UK-based innovation hub TrueStart raised $5 million in a seed funding round to invest in 20 retail and consumer startups in Europe every year and provide them with legal and recruitment support.
Tags: Europe
Facebook to pull Messenger from mobile app
California, US-based social network giant Facebook announced that it will pull Messenger from its mobile app to boost the usage of the standalone Messenger, starting with European users before rolling out the change worldwide.
Cramo purchases Finnish earthmoving equipment rental specialist OptiRent
Vantaa, Finland-based international rental giant Cramo purchased Klaukkala-based earthmoving equipment rental specialist OptiRent for an undisclosed amount to gain traction over its competitors in the earthmoving industry.
Mars Inc. to acquire Procter&Gamble's pet care brands valued USD2.9 billion
Mars Inc. announced on Wednesday that it would acquire the pet care brand names of Procter&Gamble in a deal valued USD2.9 billion, reported Reuters.
San Francisco mobile app performance platform Crittercism takes home $30M in funding
San Francisco, US-based mobile app performance startup Crittercism took home $30 million in a funding round led by Scale Venture Partners for its expansion and enterprise initiatives.
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Ireland-based same-day hotel booking startup Hot Hotels bagged $1 million (€730,000) in funding from private investors and accelerator funds to fuel its expansion into Europe and South America.
Berlin, Germany-based car sharing startup CiteeCar landed $10 million in its Series A funding round led by Mangrove Capital Expansion to expand in Germany and in selected international cities.
Germany's E.ON hired Citi to advise a sale of its assets in Spain, said sources familiar with the matter who told Reuters.
Plug Power Inc. acquired ReliOn Inc. in an all stock deal valued USD4 million, reported Reuters. Plug Power Inc. announced acquisition of ReliOn Inc. , said a report from Reuters.
Moscow, Russia-based mobile payments startup 2can landed $5 million in a Series B funding round led by InVenture Partners to integrate its service with banks in the country.
Private equity firm Agribusiness invested INR75 crore in Bangalore, India-based nutraceutical and pharmaceutical ingredients supplier Beloorbayir Biotech for the latter's product development and international expansion.
London, UK-based social shopping startup Nuji nabbed $2 million in a seed funding round from TAG, Seedcamp, Samos, and other angel investors to launch an iOS app this April.
San Jose, California-based LEGO rental startup Pley closed $6.75 million in its Series A funding round led by Allegro Venture Partners to fuel its product, workforce, and international expansion efforts.
American rap superstar Kanye West is buying 10 Burger King outlets across the UK, France, and Italy for an undisclosed amount as a wedding present for fiancee Kim Kardashian.
