Venture Round

Official Figures Indicate Britain Is Heading Into Recession

Ecosystem Investment Partners Closes Fund III Above $200 Million Target

Baltimore private equity firm Ecosystem Investment Partners (EIP) announced on Tuesday that they closed its third fund at $303 million, overriding its target of $200 million. With such amount of equity capital commitments, Monument Group Inc. is to serve again as exclusive placement agent.

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The New Term Begins For Students At Oxford University Raised $60 Million From High-Profile Investors to Help Students Find Accommodations

A startup focusing in the student accommodation markets just received $60 million from high-profile firms and individuals, led by VY Capital. will use the funds to expand its presence and service in the promising markets of international students accommodation. For now, most of's bookings came from Asia-based students.

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Sotheby's Open Auction On One Of The World's Largest Private Swatch Watch Collections

Swatch Teams Up With Safilo to Design and Distribute Sunglasses Collection

Swatch will help design the sunglasses collection while Safilo will be in charge of production. The two companies will distribute the products in both their stores worldwide. The five-year agreement aligns with both the companies' strategic plan to create a new design concept.

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Local Landmarks

Charlottesville Is The Fastest Growing Venture Capital City in the U.S.

According to PwC and NVCA report, Charlottesville has been the fastest growing startup since 2010. Between 2010-2015, venture-backed startups increased 55% annually in the place where Thomas Jefferson's house is located.

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Several people using their mobile phones

Walkie-Talkie Voice Messaging App Roger Lands $1M Led by Social Capital

Roger's walkie-talkie style voice messaging app that launched in 2015 gets a financial backing of $1 million from Social Capital. The new feature was created by ex-Spotify employees, Ricardo Vice Santos and Andreas Blixt, who have done complete justice to the phrase 'selling old wine in new bottle'. In the current scenario where voice messaging is no longer a novelty, Roger hopes to tap the market outside Asia where people are still stuck with texting, and win them with its simple, three-button structure.

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AcipHex pills, Eisai Co.'s anti-ulcer drug, are arranged for

Abingworth Raises $105M Fund

Abingworth, the life-sciences international investment firm, announced last Thursday that they have raised a new $105 million Abingworth Clinical Co-Development Fund (ACCF) - the result of an investment made by the European Investment Fund and others. The fund is designed to support late-stage clinical therapies through co-development companies.

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New York City Exteriors And Landmarks

Elevate Credit, VC-backed Online Lender, Postpones Its IPO

The subprime online lender company Elevate Credit delays its IPO scheduled on Thursday. Teetering market has been the main reason of the postponement and high risk of online subprime lending service.

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Shopping At A French Supermarket

NutriRay3D app can scan food to count calorie content, still raising $50,000 worth of funding

A new app called Nutriray3D lets users to scan their food to determine calorie and nutrient count, but the company is still raising $50,000-worth of funds.

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Operations At Food Ordering Startup TinyOwl As India Fosters Surge Of Errand Apps

India start-ups boom trickle down, investors cut budget fearing huge online sales won’t happen

Tech start ups in India are in jeopardy after global investors tighten budget for fears that huge online sales may not happen due to increasing valuations and long-term profits.

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Silicon Roundabout As U.K. Tech Startups Raise Record Venture Capital In 2015

Chinese Venture Capital Cocoon Networks Open a $700M Fund in London

Cocoon Networks, a Chinese-backed venture capital group is setting up a £500 ($700) million fund in London. The fund is aimed to invest in European tech startups.

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Wearable IoT World launches Hong Kong accelerator after receiving $4.5M from Radiant Venture Capital

Wearable IoT (Internet of Things) World launched Monday its Hong Kong operation after receiving $4.5 million worth of funding from China-based investor Radiant Venture Capital.

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China got $37 bln in Venture Capital deals in 2015, makes it legitimate contender to tech industry leader US

Venture capitalist poured a total of $37 billion worth of funds to start-ups in China in 2015, making it the biggest challenger to the leader in the Tech industry, which is the US.

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Silicon Roundabout As U.K. Tech Startups Raise Record Venture Capital In 2015

TrueBridge Capital Closed Its Fourth Venture

TrueBridge Capital Partners announced the closing of its fourth venture capital fund-of-funds on January 13. The fourth fund-of-funds is secured at its $400 million hard cap.

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Online Shopping Spree On China's Single's Day

JD Finance, subsidiary raises $1 billion, China’s largest online direct sales company, has raised $1 billion, for its JD Finance subsidiary from investors including Sequoia Capital China, China Harvest Investments and China Taiping Insurance.

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Inside The 2016 Consumer Electronics Show

Qualcomm & TDK Form $3 billion Venture To Develop Smart Phones Using Radio Frequency Chips

Qualcomm Inc. and TDK group tie up to form a $ 3 billion project in Singapore. After completion of the venture by 2017, Qualcomm will own 51% of the new company with a provision to purchase TDK’s stake at a later time. Following the joint venture, Qualcom’s share price has fall a little but TDK share price has jumped by 5.5%, highest change within last two moths.

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