VC

Digital Medical Tech Raises £1.2m funding

Digital Medical Tech (DMT), a solution provider for hospital management and asset tracking, recently raised $1.5 million in seed capital.  St. Louis, Mo.-based DMTI Capital Partners provided the funding which will be used to launch a nationwide engagement program for targeting healthcare providers and potential partnerships. Digital Medical Tech, which enables health systems to proactively […]

Indonesia most active venture capital firms

JAKARTA, Aug 21 (Reuters) – Jakarta-based venture capital firm East Ventures said on Wednesday it raised $75 million for its sixth fund, backed by prominent Asian businessmen, to invest in early-stage startups in Southeast Asia’s largest economy. The list of investors included Facebook co-founder Eduardo Saverin, family offices of Alibaba Group’s co-founder Eddie Wu, Chief […]

The FinTech bubble: Euphoria surrounds $1 billion Swiss ‘unicorn’ but there is no profit

The million dollar, or perhaps in this particular context, billion dollar question is, how can the new FinTech challengers become highly capitalized entities that are able to gain huge venture capital investment when there is no track record and no sign of profit? In the financial technology sector, today’s massively high profile new startups which […]

British Columbia Discovery Fund Announces Distribution

VANCOUVER, British Columbia, Aug. 19, 2019 (GLOBE NEWSWIRE) — British Columbia Discovery Fund (VCC) Inc. (the “Fund”), a venture capital investment fund managed by Discovery Capital Management Corp. (“DCMC” or the “Manager”), is pleased to report that the holdback receivable with respect to the sale of Rx Networks Inc. (“Rx Networks”) to Beijing BDStar Navigation Co., Ltd. […]

How Artificial Intelligence Can Help Protect Children?

How Artificial Intelligence Can Help Protect Children? London start-up developing child safety technology that can stop children sending dangerous messages even before they finish typing has raised millions from investors and sealed a deal with the German government to get its app onto the phones of thousands of children. SafeToNet, which develops software that can limit […]

Scots tax specialist assists in boosting women in VC sector

Scottish entrepreneurial tax specialist Kirsty Paton is joining a newly-formed committee aimed at increasing female representation in the UK’s venture capital sector. Based in the Edinburgh office of Chiene + Tait, Ms Paton is the only Scot and the sole tax adviser on the Enterprise Investment Scheme Association (EISA) Women in Venture Capital working group. […]