VendAsta Technologies, a Canadian provider of white label digital brand management technology, has raised $8.25 million from Vanedge Capital and BDC Venture Capital. The money will be used for development. VendAsta is based in Saskatchewan, Canada.
4 min read · 18 March 2013
Tenth Avenue Holdings has invested an undisclosed amount in Hello Products, a maker of branded oral care products designed in partnership with BMW Group DesignworksUSA. Specifics were not disclosed. Tenth Avenue Holdings in based in New York.
5 min read · 18 March 2013
Los Angeles-based Divshot, developer of a drag-and-drop visual builder for web applications, has raised $1.1 million in seed financing. Rincon Venture Partners led the round, with participation from investors including 500 Startups, Daher Capital, Floodlight Ventures, Cooley LLP, Drummond Road Capital, and Eric Hammond.
2 min read · 18 March 2013
Skinny Mom, an online community aimed at mothers, has received a $100,000 investment from CincyTech. The investment is part of a planned $500,000 round for the company.
3 min read · 15 March 2013
Edison Ventures has provided $5 million in growth capital financing to casual games developer Arkadium. The money will go toward expanding Arkadium’s proprietary distribution network, and toward game development. Arkadium is based in New York City, with offices in Canada and Ukraine.
3 min read · 15 March 2013
Scotrenewables Tidal Power has closed a $12 million funding round let by power technology group ABB, investing via its ABB Technology Ventures. Scotrenewables is a provider of tidal turbine systems. Other investors in the round include Total New Energies, a unit of oil major Total.
3 min read · 15 March 2013
New Hampshire-based biotech startup Avitide Inc. has raised an undisclosed amount of Series A financing from Borealis Ventures, SV Life Sciences, Polaris Venture Partners, OrbiMed Advisors, and Angeli Parvi. Borealis led the round. Phil Ferneau of Borealis Ventures, and Michael Ross of SV Life Sciences, joined Avitide’s board. The company is focused on the development of “custom affinity purification solutions” for the biopharmaceutical industry.
4 min read · 15 March 2013
Russian online hotel reservations agency Oktogo.ru has raised $11 million in new funding. Investors in the latest round include VTB Capital's venture business, Mangrove Capital Partners, Ventech and Victor Sazhin Group.
2 min read · 15 March 2013
Photo and video sharing company Photobucket Corp. is looking to raise $9.5 million in new funding, according to a recent regulatory filing. The Denver-based company has apparently already sealed $5.6 million in commitments, according to the filing.
1 min read · 14 March 2013
Online lender iPawn has raised $4 million from angel investors. Investor Rafi Gridron led the round. This is the second round of funding for Tyler, Texas-based iPawn.
2 min read · 14 March 2013
