investment

Smarterer gets additional $1.6M in round led by Rethink Education

Smarterer, a startup based in Boston that provides jobseekers with a way to measure their skills in different subjects through online tests, has landed an additional capital of $1.6 million in a round led by Rethink Education, TechCrunch reported.

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Nok Nok Labs secure $16.5M in new funding round for new online authentication services

Nok Nok Labs secured $16.5 million in its latest funding round from Lenovo, DCM and Onset Ventures as it seeks to move online authentication beyond usernames and passwords, VentureBeat reported.

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Electranova Capital and Total Energy Ventures back Germany-based Sunfire

An undisclosed investment amount was given to Germany-based Sunfire from Electranova Capital, the clean technology venture capital fund of Idinvest Partners sponsored by EDF, and Total's venture capital arm Total Energy Ventures.

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UK-based Beringea invests £3M in Disposable Cubicle Curtains Limited

UK-based generalist investor Beringea has made a £3 million investment in anti-microbial curtains and blinds maker Disposable Curtains Limited which does business under the name All in One Medical.

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Google Capital forays into education with $40M investment in Renaissance Learning

K-12 learning analytics company Renaissance Learning secured a $40 million investment from Google Capital, the investment arm of search giant Google that concentrates on late-stage deals, TechCrunch reported.

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Intel Capital backs two 3D printing companies

Intel Capital has forayed into the fast-growing world of 3D printing by making an investment in two 3D printing companies, Lithuania-based CGT Trader and US-based makexyz.

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Munich-based Teqcycle gets backing of T-Venture Holding

Teqcycle Solutions, a Munich-based firm that provides mobile devices trade-in and reuse solutions, has bagged an undisclosed investment from T-Venture Holding, a subsidiary of Deutsche Telekom.

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Innovation firm 3M backs Chile-based Lixivia

Innovation company 3M has supported Chilean firm Lixivia. The investment was made through 3M's New Ventures Business but terms of the deal were not disclosed.

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IBM betting $1.2B on its cloud services through acquisition

IBM will be investing $1.2 billion to bolster its $2 billion purchase of SoftLayer Technologies last year, a business which it is betting on for growth, Bloomberg reported.

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There is still compelling case to invest in the US- FT

Although many believe that the US has started to lose its power and influence because of stagnating economy, a Financial Times report believes that compelling evidence abounds that refute this claim.

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Private equity firm Infinity Group backs BotanoCap with $4.2M

Infinity Group, a private equity firm based in China, announced its investment of $4.2 million in Israel-based biotechnology firm BotanoCap, a developer of green solutions for various industries.

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General Motors to spend $1.3 billion in developments of five plants in the US

General Motors Co announced its plans on Monday to invest about $1.3 billion in its five plants across the US to improve its output and create a new transmission, according to a Reuters report.

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Sequoia Capital to invest USD 15 million for GirnarSoftware stake

Sequoia Capital is backing GirnarSoftware with USD 15 million in investment for a 20% stake in the firm. GirnarSoftware owns Internet websites Cardekho, Bikedekho and Pricedekho.

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Tyra Banks' Fierce Capital backs a mobile advertising app

Tyra Banks has invested an undisclosed amount on Locket, a mobile advertising app made for Android smartphone lockscreens, through her company's investment arm Fierce Capital.

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La Caisse, BMO Capital Partners invest USD 20 million in Novacap's Nautilus Plus

Institutional fund manager La Caisse de dépôt et placement du Québec and investment firm BMO Capital Partners invested USD 20 million in Nautilus Plus, a Quebec-based fitness center chain owned by Novacap.

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