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Disney Invests $15M In Kahoot, Maker Of Learning Games

socalTECH

Burbank-based Disney has made a $15M investment in Norwegian educational and learning games developer Kahoot , Kahoot said Friday, in a deal which grows Disney's stake in the company. READ MORE>>.

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Steamboat Ventures Cuts US Investment Efforts

socalTECH

In yet more attrition from Southern California's venture capital ranks, Burbank-based Steamboat Ventures , the venture capital arm of the Walt Disney Company, looks to have sharply pulled back on its U.S. investment efforts. According to the firm's website, it has trimmed its list of Managing Directors in the U.S.

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Jam City Raises $350M, Acquires Ludia For $165M

socalTECH

According to the company, it paid $165M to acquire Ludia from Fremantle. Jam City said the new, $350M funding round was a combination of equity and debt, and included Netmarble, Kabam, and affiliates of funds managed by Fortress Investment Group. The company is led by co-founder and CEO Chris DeWolfe.

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Report: Disney Will Not Bid On Twitter

socalTECH

A report, published late Wednesday evening, says that Burbank-based Walt Disney Co. will not make a bid for Twitter , which reportedly has been looking to sell the company. Recode --quoting "sources familiar with Disney" said that Disney has decided not to move forward with a bid. READ MORE>>.

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Steamboat Ventures Seeks New $100M Fund

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Steamboat Ventures , the venture capital firm linked to The Walt Disney Company, is seeking to raised $100M for its latest fund, Steamboat Ventures V. The investment firm--which once was located in Burbank--has shifted its operations to Hong Kong, and now looks to be focusing strongly on overseas rather than domestic investments.

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Poly Plant Project Invests In Memory Firm

socalTECH

Burbank-based Poly Plant Project , a developer of semiconductor process technology for building polysilicon for producing solar cells and modules, has invested in a Silicon Valley firm, 4DS. 4Ds said that Poly Plant Project made the investment as part of a multi-million dollar equity investment.

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eSolar Raises $12.8M

socalTECH

in a new funding, part of an ongoing $30M funding for the company, according to a regulatory filing by the firm. The funding--which included at least two prior investors, including Oak Investment Partners--is still in progress. Idealab-based solar energy startup eSolar has just raised $12.8M

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