Google Ventures, the venture capital arm of Google has announced its expansion into London. The firm which was launched in 2009 in order to expose Google to some of the technology world’s hottest startups. The fund will have an initial funding of $100 million with the aim of investing in European startups that criss-cross Western Europe – London, Paris, Berlin and the Nordics. The fund will have 4 general partners with Eze Vidra, Google Campus’ manager in London leading the pack. He will be supported by Tom Hulme, a serial entrepreneur,
Read More Posted On June 10, 2014By Akinyemi OgunsanyaIn Business
Transferwise, a London-based money transfer startup has landed $25M from a consortium of investors. The investors include Peter Thiel’s internationally focused venture fund, Valar Ventures, Sir Richard Branson, Index Ventures and IA Ventures. The money transfer startup established by one of the co-founders of Skype was founded in 2011. It plans to use the investment to further improve its service and expand its low-cost international transfer offering to to new countries. Transferwise bills itself as the cheapest way to send money abroad. The investment is a seal of approval on the
Read More As the die-hard Call of Duty fans already know, The latest addition to the series, Call of Duty: Modern Warfare 3, has its release to occur on November 8, 2011. However, Activision, the developers, may have risked the happiness of many of its fans- particularly the ones based in the UK. The indirect victims of the 7/7 bombing attacks which happened in July 2005 are in support of banning the game. The death toll from the attacks was 52, and several others were gravely injured. The game also employs shockingly
Read More