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Uber’s Rival In Brazil Just Got $100M From Didi Chuxing
Prior to its recent capital infusion, the Brazilian ride-hailing service has raised more than $25 million in three rounds of funding—all thanks to investments made by Qualcomm Global, Qualcomm Venture, Tiger Global Management, and StartCaps Ventures, among others. Cab aggregation, notes Tech Portal, is a currently a hot market—with the most competition among companies operating under the same. Full investment news article
Samsung Renames VC Fund Next, Starts $150M Investment
Samsung announced a new venture capital fund to invest in early stage start-ups. The company's Global Innovation Center has been renamed Samsung Next as part of the new USD 150 million fund. Full investment news article