WHO’S GETTING FUNDED?
ANP Technologies of Newark has won a $340,000 grant to help build drinking water testing technology in Israel. Once it’s developed, the technology is expected to be used in municipal water facilities to monitor pesticides. The company will share the grant with Mekorot, the national water company of Israel. The grant is funded by the BIRD Foundation, which promotes collaboration between the U.S. and Israel.
Snapchat has ceased fundraising discussions with Alibaba Group Holding Ltd., as the Los Angeles-based startup prepares to sell a stake in itself. Snapchat, which is incorporated in Delaware, is still taking steps to raise financing. According to a corporate filing in Delaware on Aug. 4, Snapchat authorized 17.4 million shares of new preferred stock. That’s an increase from 1.2 million shares a month earlier.
WHO’S GETTING BUZZ?
Delaware residents can now use the “What’s On” smartphone app to find arts and culture events happening today, soon and nearby. The app show an interactive map of Delaware, with pins for cultural events. Users can also access event details, contact information, driving directions and links. The app was developed by Delaware’s Division of the Arts with assistance from the Delaware Government Information Center (GIC), a state agency.
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