Marissa Mayer, chief executive of internet giant Yahoo, has announced that the Internet company would spin off its 15 percent stake in Alibaba, China’s leading e-commerce company, into a separate company, avoiding any taxes on the transaction.
Category: Get Funded
VC deals in European start-ups down but UK remains favourite destination
Dow Jones report highlights positives and negatives for VC funding with UK “most favoured destination” for equity finance in last quarter of 2014
Andreessen Horowitz backs London start-up TransferWise with $58m
Fast-growing financial technology start-up rolls out global expansion plans
Business Growth Fund gets in the Zone with £6M investment
An award winning London-based digital marketing agency is preparing for significant expansion thanks to a £6m investment of equity finance from BGF (Business Growth Fund).
UK’s largest online estate agency eMoov completes on £1.5M funding deal
UK’s largest fixed cost online estate agency eMoov.co.uk has received a significant by closing a £1.5m funding round led by London venture capital firm Episode 1.
Money Dashboard raises further £2.5m in funding led by Calculus Capital
Money Dashboard, the personal finance platform, has announced that it raised a further £2.5 million between August and November last year, bringing the total funding raised by the company to £5.2million ($8.3m) in 12 months.
Automotive component supplier VTL Group secures new funding from BGF
VTL Group, a manufacturer of precision engineered components for the automotive industry, has received a further £1.5m investment from growth capital provider BGF, alongside loan funding from HSBC.
eBay prepares Paypal spin-off with job cuts & giving Carl Icahn board role
eBay has announced that it is cutting 2,400 jobs as it prepares to spin-off its payments business Paypal, and has given activist investor Carl Icahn’s firm a seat on its board.
Drinks are on us as UBREW secures £112,000 crowd funding round
The London-based brewery pop-up UBREW has raised £112,000 on crowdfunding platform Crowdcube.
Property investment surged out to the regions in 2014
According to property expert Lambert Smith Hampton’s UK Property Investment Transactions report 2014 ended with strong investment results across the board, particularly in the South East.
The UK is the world’s most attractive destination for fintech companies
More than three quarters of London’s financial technology (fintech) community believe the city is a better incubator base than global tech hubs such as Silicon Valley.
Octopus Investments, Jon Moulton & Ed Wray combine to back property venture
A new and innovative way for people to invest in the UK residential property market has emerged, with the launch of crowdfunding platform, Property Partner.
Legal tech startup Lexoo raises £260,000 to boost impressive post launch growth
Lawyer-matching service Lexoo has secured £260k from startup catalyst Forward Partners and Jonathan McKay, chairman of JustGiving.
BT offers £30,000 cash prize for UK’s “most innovative” digital businesses
BT Infinity Labs SME Award 2015 provides cash prizes for winner & two runners up plus six months mentoring and access to TechHub’s offices
Restaurant app Zomato acquires Urbanspoon to enter the US & Australia
Zomato, the restaurant search app, announced today that it has acquired Urbanspoon for an undisclosed amount in an all-cash deal. The acquisition marks Zomato’s entry into the United States and Australia.
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