September 2009

Israeli ActiViews Raised $5M

September 30, 2009

ActiViews Ltd., a medical device start-up, raised $5M in an investment round led by 7 Health Ventures with the participation of previous investors Ofer HiTech and Evergreen Venture Partners. The proceeds will be used to set up a sales network in Europe and to obtain marketing approval in the USA. Founded in 2007, the company, [...]

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USA, Craton Equity Partners Invests in Liquid Environmental Solutions

September 30, 2009

Craton Equity Partners, a Southern California clean technology fund, has made a $20m investment commitment to Liquid Environmental Solutions (LES), a non-hazardous liquid waste collection and treatment company in the United States. Founded in 2002 and with offices in Dallas and San Diego, LES provides its commercial and industrial customers with an effective way to [...]

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FASgen Receives $1.4 M NIH Grant for Obesity Research

September 30, 2009

FASgen, Inc., a drug development company, was awarded a new $1.4m SBIR Phase II NIH grant for continued research for obesity. The Baltimore, Maryland-based company, which was founded in 2000, has for some time had extensive research into the effects of inhibition of the fatty acid biosynthesis pathway on the regulation of appetite and weight [...]

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ThermalTherapeutic Systems Completes $2.75M Series A Financing Round

September 30, 2009

ThermalTherapeutic Systems, Inc., developers of a platform technology to standardize hyperthermic perfusion, completed its $2.75M Series A financing round led by Originate Ventures. The funds will be used to promote the commercialization of ThermalTherapeutic Systems proprietary new technology. The company had received initial start-up funding by the Pittsburgh Life Sciences Greenhouse, and successful rounds of [...]

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TargetCast Networks Receives $6.5M in Second Funding Round

September 30, 2009

TargetCast Networks, a developer and provider of out-of-home digital TV advertising, received $6.5m in its second formal round of venture capital funding from Claremont Creek Ventures and Draper Fisher Jurvetson. Having the company raised $6.3m in a Series A investment led by Claremont Creek Ventures in September 2007, the total TargetCast Networks has raised to [...]

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EIB Launches SME Loans for EU’s Eastern Neighbours

September 30, 2009

The European Investment Bank (EIB), the bank of the European Union, is launching a lending facility via other financial institutions for small and medium-sized enterprises (SMEs) in the EU’s eastern neighbours. The new facility will enable EIB to support – via partner banks in the region – investments by SMEs and energy and environmental projects [...]

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EBRD, 5.5M Mezzanine Loan to dairy producer in Bulgaria

September 30, 2009

The EBRD provided Fama, the third largest manufacturer of milk products in Bulgaria, with a €5.5m mezzanine loan to finance the company’s investment programme. Fama is the Bulgaria’s third largest manufacturer of milk products, in a dairy market which remains highly fragmented. The loan will enable Fama to expand its market share by building its [...]

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Nottingham, New Venture Capital Fund Launches

September 30, 2009

On Thursday 1st October 2009, at the BioCity in Nottingham, the Mobius Life Sciences Investment Fund will be officially launched. The event, which will take place at 5 pm. After that Lucy Marcus, CEO of Marcus Venture Consulting and Chair Mobius will have spoken about the current state of the global venture capital market, Glenn [...]

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UK Government to Offer up to 10,000 Graduates Internships in Small and Micro Businesses

September 30, 2009

The UK Government and the Federation of Small Businesses (FSB) are teaming up in order to offer up to 10,000 graduates internships in small and micro businesses announced the Prime Minister. Under the action, the FSB, which represents 215,000 small businesses across the UK, will encourage its members to offer these internships in addition to [...]

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San Antonio, Satai Announces $1.045M Emerging Technology Fund Investment in Azaya Therapeutics

September 30, 2009

Technology commercialization center Satai and the South Texas Regional Center of Innovation and Commercialization invested $1.045m in San Antonio-based Azaya Therapeutics, Inc. through the Texas Emerging Technology Fund (ETF). The funds will be used for the commercialization of Azaya’s proprietary Protein Stabilized Nanoparticle (PSN) technology platform to produce targeted, safer and more effective formulations of [...]

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