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Lilis Energy Closes $7.5 Million Private Equity Placement

2014-01-22 10:07:00| OGI

The restricted units in the private placement consist of one common share and one common stock purchase warrant.

Tags: private million energy equity

 

Fon closes USD 14 mln funding round led by Qualcomm

2014-01-20 16:40:00| Telecompaper Headlines

(Telecompaper) Global Wi-Fi network Fon has completed financing totalling USD 14 million (EUR 10.3 million). Qualcomm, through its venture capital arm Qualcomm Ventures, led the fundraising round, underscoring its relationship with Fon as a strategic investor. Fon is in the process of developing a new Fon router that combines social Wi-Fi with social music, based on a chipset from Qualcomm Atheros. This new router is expected to be available from Fon in the first half of 2014. At the same time, Qualcomm Atheros is integrating Fon as a feature available via SDK for its chipsets. Other investors participating in the round include Fon's existing investors: Index Ventures, Google, Coral, Atomico and Deutsche Telekom. Fon will use the funds to build out its presence in the US as well as expand its reach into new geographies worldwide. It will also fund new product development, including a new Fon router and its newly developed "Wi-Fi for Business," a Wi-Fi service for small and medium businesses that is expanding the concept of social Wi-Fi into business.

Tags: led round usd funding

 
 

SWEDEN: H&M closes the textile loop with new collection

2014-01-20 12:48:00| Daily apparel & textile news and comment - from just-style.com

Swedish fashion retailer Hennes & Mauritz (H&M) is working to close the loop in its clothing supply chain by launching a denim collection made from recycled textile fibres.

Tags: with collection sweden loop

 

IFF closes on acquisition of Aromor

2014-01-16 19:58:58| Food - Topix.net

International Flavors & Fragrances makes ingredients for a range of food, cosmetics and consumer products.

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IFF closes on acquisition of Aromor

2014-01-16 18:09:56| Chemicals - Topix.net

International Flavors & Fragrances makes ingredients for a range of food, cosmetics and consumer products.

Tags: acquisition closes iff closes acquisition

 

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