Unusual sector start-ups draw interest of venture capitalists

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

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Honda, local auto maker team up to build Acura cars in China

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

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Toshiba to earmark JPY20 to JPY 30 billion in NAND production

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

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Dow Jones VentureSource says US venture investment declines

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

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Softbank partners with Bloom to sell fuel cells in Japan

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

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Grovo’s first round venture capital funding raises US $5.5 Million

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

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Renowned healthcare industry leader joins Versant Ventures

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

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Storage and memory solutions company opens R&D facility in Taiwan

SMART Modular Technologies open research and development facility in Taiwan.

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FreedomPop raises additional US $5 million

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

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Tribune Co. to split publishing and broadcasting businesses

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

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Fiat and Peugeot to enter into US$900-million delivery van venture

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

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Tech Valley telecom gets new debt facility from GE Capital, Webster

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

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Scanbio Buys Norwegian fish oil manufacturer, Biokraft AS

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.

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Terra Nova Energy Issues Notes to Raise Money for Onshore Venture

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

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Kenyan airline venture scores 7 year extension

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

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