REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
StatusNet, a company that develops an Open Source micro-blogging platform, has completed an $875,000 financing round from Montreal Start Up, iNovia Capital and European angel investor Oleg Tscheltzoff of Fotolia.com. Evan Prodromou, CEO of StatusNet Inc., said that the company will use this capital to build the sales, support and marketing power needed to take […]
Deccan Healthcare, an Indian developer of nutraceutical products which boost immunity and address chronic ailments, has received a Rs15crore (approximately $3.2m) equity financing from India’s Venture Capital firm Nexus Venture Partners. Commenting on the deal, Mr Minto Gupta, Founder & CEO of Deccan Healthcare, said: “The funding will help us enhance our R&D efforts and […]
LaunchCapital, a venture capital firm that provides seed-stage funding to entrepreneurs and small businesses announced LaunchCapital Small Business (LaunchCapital SB), a new company division created to help local entrepreneurs. LaunchCapital SB aims to provide equity and debt financing up to $150,000 to businesses that: – will generate near-term revenue; – have linear growth expectations; – […]
Berlin, Germany -based Start-up autoaid GmbH, specialists in web-based car diagnostics and operator of the car service platform autoaid.de, has received €550,000 from investor High-Tech Gründerfonds and BBAF Business Angels Fondsgesellschaft mbH. autoaid is developing web-based car diagnostic system for professional use in car garages. Use of the software will make it possible to dispense […]
Quinnova Pharmaceuticals, Inc., completed a $17.4m Series B financing round led by Safeguard Scientifics, Inc. (NYSE:SFE), with participation from existing investors Thomas, McNerney & Partners and H.I.G. BioVentures. Founded in 2005 and based in Newtown, PA, Quinnova is a pharmaceutical company that develops and markets novel topical delivery platforms-based prescription dermatology drugs. The company will […]
Friulia S.G.R., through the AlAdInn Venture Fund, has acquired a 18,76% stake in Surgica Robotica, a Trieste, Italy-based early stage developer of microsurgery devices. The new microsurgery robots will be ready for experimenting by the end of next year in hospitals in Verona and Udine. The AlAdInn Ventures fund aims to invest mainly in unlisted […]
The Caisse de dépôt et placement du Québec and AXA Private Equity entered into a partnership to better support Québec- and European-based businesses with international development prospects. The agreement aims to contribute to the growth of businesses by placing practical tools at their disposal. It will allow the the Caisse and AXA Private Equity to […]
Argos Soditic, an independent European private equity firm with offices in Geneva, Paris and Milan, acquired, through an MBO, a majority stake in MISAPOR, a Surava, Switzerland-based foam glass granulate producer. Foam glass granulate is an innovative building material, 98% of which is made from recycled glass. In addition to its excellent insulating characteristics, foam […]
Vdopia, the creator of Pre-App and In-App video advertising platform for the iPhone, has announced that Nexus Venture Partners has invested $4m in their Series A funding round. Vdopia has also appointed Rohit Sharma as its new President and CEO. He will work with company co-founders to continue to grow revenue and lead the company’s […]
The France Government-backed Strategic Investment Fund (Fonds stratégique d’investissement-FSI) is participating, along with major pharmaceutical companies, in the creation of a €140m biotechnology fund. The main target of InnoBio Fund is to provide companies developing technological and innovative products and services in the healthcare sector with equity and quasi-equity financing. The capital invested in the […]
High Density Devices AS (HDD), a Kristiansand, Norway-based developer of a technology for encryption and protection of storage media, secured NOK24m in new fresh capital. The investment includes NOK14m from Incitia Ventures II AS, NOK3m from HDD’s Management Team and NOK7m from existing owners including Tønnevold Venture & Invest AS. In addition, a previous debt […]
Nabriva Therapeutics, a Vienna, Austria-baseed biotechnology company focused on developing a new class of antibiotics for serious infections caused by resistant pathogens, announced the closing of a €15M financing from existing investors including Nomura Phase 4 Ventures, HBM Partners, Wellcome Trust, GLS Ventures, and Novartis Venture Fund. This round brings the total equity funding raised […]
The European Bank for Reconstruction and Development (EBRD) is supporting CJSC Centravis Production Ukraine, an Ukrainian manufacturer of seamless stainless steel tubes (SSST) and pipes. The €58m funding will include an equity investment of €10m as well as a loan of €48m. Up to €33m of the loan will be syndicated to commercial banks. The […]
PlastiPure, an Austin, Texas-based company that creates and licenses new polymer formulations and plastic goods that are safer for consumer use, received a $1.1m grant from the National Institute of Environmental Health and Safety (NIEHS) to continue development and commercialization of plastics that do not leach chemicals with harmful estrogenic activity (EA). PlastiPure’s proprietary products […]
Miami Media LLC, the owner of Latin Trade magazine, LatinTrade.com and the BRAVO Business Awards, has acquired Latin Business Chronicle, an online journal specializing in Latin American business news. Latin Business Chronicle, founded in 2001, is a premium subscription-based website that provides information primarily to an institutional audience including corporations, service companies and governments active […]