REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
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 […]
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 […]
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 […]
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 […]
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 […]
Michelle’s Miracle, Inc., a provider of tart cherry nutraceutical products, closed its first tranche of Series A funding after raising approximately $750,000 in equity. Madison, Wisconsin-based Phenomenelle Angels Fund led the round with the participation from seed investors Fisher Properties of Muncie, Indiana, founders, prior investors and key suppliers. The funds will be used to […]
In order to increase the chances to access to finance for micro, small and medium enterprises in the in rural regions of the Kyrgyz Republic, the European Bank for Reconstruction and Development (EBRD) is providing a $1m loan to Mol Bulak Finance, one of the top five microfinance institutions in the country. The EBRD credit […]
siXis, Inc., a developer of advanced Silicon Circuit Board technology, raised $3m of financing from its existing investors RTI International and Intersouth Partners. The Research Triangle Park, NC.-based company recently announced the launch of the SX2000 Reconfigurable Computing Platform, a scalable, high-performance platform designed to streamline and accelerate data-intensive applications. The funds will be used […]
Nesscap Inc., a South Korean ultracapacitor manufacturing and power storage solutions company, closed a $9m bridge financing round. The round was led by a London-based venture capital fund, I2BF Venture Capital, with the participation from other local and international co-investors. Nesscap will use the funds to expand its manufacturing and production capabilities, for working capital […]
Clean energy companies will have access to a £20m in government-backed venture capital support, UK Energy and Climate Change Secretary Ed Miliband announced. According to an official statement, the new allocation is due to the fact that “new advances in technologies such as wave, tidal, fuel cells, solar and energy efficiency are dependent on a […]
NeoEdge Networks, Inc., a provider of advanced digital media services in casual games for the PC, announces the closing of a $4.0m Series A financing round of venture capital. The investment was co-led by VanEdge Capital, a fund focused on interactive entertainment and digital media and Jefferson Partners of Toronto, Canada. Paul Lee, Glenn Entis […]
Nasdaq-quoted Main Street Capital Corporation completed three new portfolio investments in Indianapolis Aviation Partners, LLC (IAP), Thermal & Mechanical Equipment, LLC (TMEC), and Compact Power Equipment Centers, LLC. In details, the Houston, TX.-based Main Street provided IAP with debt and equity financing in connection with the acquisition of a Fixed Base Operation located at the […]
eCommLink, Inc. announced today that its investors, led by Syntek Capital, have provided $10m in additional funding to support the company’s domestic and international growth plans. As stated by Franco Franca, CEO of Syntek Capital, “This investment ensures that the company consolidates this leadership and lays the foundation for it to start servicing the increasing […]
eBureau, a provider of predictive scoring and information services for online advertisers, closed a $10m round of Series C financing led by venture capital firm Tenaya Capital, with participation from existing Series A and B investors Split Rock Partners and Redpoint Ventures. As stated by Gordy Meyer, president and CEO of St. Cloud, Minn.eBureau, “With […]
Spanish venture capital firm Start Up Capital Navarra invested €80.000 in innovative high tech company EmbElectronIP, which spun out from the Technological Center Cemitec. Noain, Navarra-based EmbElectronIP is focused on designing, developing and commercialising of Industrial Property for electronic systems. Start Up Capital Navarra, which was created through CEIN (Navarra’s European Enterprise and Innovation Center) and […]