VENTURE CAPITAL POST

Two unusual sector start-ups drew the interest of venture capitalists during the second quarter.

Honda teams up with Guangzhou Automobile Group to get a share of the market pie in China.

Toshiba is investing in technology amounting to JPY 20 to JPY 30 billion in its bid to boost its position in the venture.

According to the latest data from Dow Jones VentureSource, US venture investment declines.

Softbank enters into a joint venture with Bloom to distribute hydrogen and bio-fuel cells in Japan.

Grovo gets US $5.5 million of funding for its product research and marketing campaign.

California-based Versant Ventures welcomes James V. Mazzo to its team.

SMART Modular Technologies open research and development facility in Taiwan.

Internet provider, FreedomPop, gets additional US $5 million funding bringing its total to US $16 million.

The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.

Fiat and Peugeot entered into a US$900-million agreement to improve delivery van models.

Telecommunications company Tech Valley obtains new debt facility from GE Capital along with Webster Bank.

Scanbio Marine Group buys Biokraft; a deal that will allows them to boost their operational efficiency and enhance their service to the largest aquaculture companies in the world.

The oil and gas company released convertible notes worth US $1.905 million to fund project in South Australia.

A joint venture between Kenya Airways and KLM Royal Dutch Airline was granted 7 more years to operate.