VENTURE CAPITAL POST

London, UK-based e-commerce analtyics firm Ometria raised $1.5 million in a seed funding round from large group of angel investors to expand its workforce and develop its product.

In its first foray outside of North America for its premium video syndication platform, New York, US-based multinational mass media firm AOL Inc launched the AOL On Nework in the UK.

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.

A new tax law in the UK that will take effect at the beginning of 2015 seeks to close a loophole that exempts online music, apps, and downloads from a 20% value added tax.

London, UK-based education startup Feynlabs is branching out to Miami, US to teach kids grown-up technology for programming and computer science using an accelerated learning approach.

Zaragoza, Spain-based paper and packaging firm Saica purchased Istanbul, Turkey-based paperboard producer OMK for an undisclosed amount to establish its position in the European market.

Winston-Salem, US-based specialty crop developer Technology Crops International (TCI) bought Hampshire, UK-based firm Premium Crops Ltd for an undisclosed amount to expand its product portfolio.

London, UK-based Video-on-Demand (Vod) service Screenburn raised $500,000 (£302,000) in an angel funding round to fuel its expansion for 2014 and to continue monetizing the presence of music and film artists on Facebook.

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.

Munich, Germany-based app crowdtesting startup Testbirds picked up €2.1 million in its Series A funding round led by Seventure Partners for its expansion across Europe.

Cupertino, US-based cloud marketing startup Ensighten purchased London, UK-based tag management firm TagMan for an undisclosed sum to gain traction over its bigger rivals in the website marketing sector.

UK-based medical professionals' e-learning network Meducation picked up $1 million in seed capital from the Technology Strategy Board and private investors to help medical students and practitioners gain access to more educational materials.

Cupertino, US-based electronics giant Apple started selling the 8GB version of iPhone 5C in Apple stores in the UK at £40 less than the original cost to make up for the low sales of the said device.

Perth, Australia-based coal miner The Waterberg Coal Company Ltd raised A$2.4 million from an equity issue to London, UK-based investment firm Investec Asset Management to gain additional working capital for its current project.

London, UK-based wearable tech startup HereO created a GPS watch with a kid-friendly and durable design that can help parents monitor their kids' location through the company's website or mobile app.