Private EquityUSA

Lumexis Corporation, a Costa Mesa, CA-based manufacturer of advanced In-flight Entertainment and Connectivity Systems, has secured a $15m investment led by the private equity fund management company, Perseus, L.L.C. The investment agreement includes the option for an additional investment of up to $7.5m. Existing investors PAR Capital Management and Zone Ventures participated in the financing […]

USAventure capital

BaroSense, Inc., a Redwood City, CA-based medical device company specializing in the minimally invasive treatment of obesity, has received an undisclosed amount of funding as a part of the company’s Series B financing round from iNovia Capital, a Montreal-based manager of venture capital funds. Commenting on the deal, Daniel Balbierz, President and CEO of BaroSense, […]

Private EquityUSA

Seaside National Bank &Trust received a $15m investment from Lovell Minnick Partners, an independent investment firm that provides buyout and growth capital to developing companies in the global financial services industry. The investment was made through the bank’s holding company, Three Shores Bancorporation. Lovell Minnick invested alongside Parthenon Capital, Continental Investors and existing shareholders to […]


CyrusOne, a Houston, Texas-based enterprise data center colocation provider, has secured a new $150m Senior Secured Credit Facility from a syndicate of banks led by TD Securities, RBC Capital Markets, SunTrust Robinson Humphrey and SG Americas Securities. The funds will help the company accelerate its growth in Texas, the company’s core market. The facility refinanced […]


European Bank for Reconstruction and Development (EBRD) has agreed a €100 million medium term credit line for Bank Millennium S.A. to provide working capital and capital investment for small and medium-sized businesses (SMEs) in Poland. The bank, majority-owned by Banco Comercial Português, is an universal bank in Poland with a nationwide presence of 490 branches, […]

USAventure capital

Terapio Corporation, an Austin, Texas-based development stage biotechnology company, announced it has secured $5m in a Series A equity financing from Santé Ventures, a life sciences venture capital firm that invests exclusively in early-stage companies developing innovative new medical technologies or healthcare delivery models. This financing is in addition to $3.2m Terapio has previously received […]

NorwayStart Upventure capital

Innotech Solar AS (ITS), a renewable energy company specialising in enhancing output from solar cells, is receiving NOK51.7m (€6.07m) from Investinor, a Trondheim-based investment firm owned by the Norwegian Ministry of Trade and Industry. The funds will be used to further develop the company. Early in July 2009, Innotech Solar had completed a funding round […]

Germanyventure capital

ELARA Pharmaceuticals GmbH, a Heidelberg, Germany-based biotech company focused on the development of drugs for the treatment of different cancers, closed of a € 2.6m Series A financing round. According to an official statement from the company, the financing will trigger an additional €2m from the BMBF GOBio and the Biotechnologie Rhein-Neckar (BioRN) Spitzencluster programs, […]

USAventure capital

Working Equity, Inc., a San Francisco, CA-based provider of a financial services product that empowers homeowners to lock in the equity value of their home closed a $5m equity financing. The funds will be used to support the growth of the company. Working Equity allows new homebuyers to remove downside risk while retaining the potential […]


The regional development agency One North East approved an innovative business support project with intensive, specialised coaching assistance to fast track the performance and growth of over 150 local enterprises. The Agency has commissioned Entrust, a business development organisation, to manage and co-ordinate the the “Coaching for High Growth” project for North East SMEs with […]

Start UpUKventure capital

Lord Mandelson and Lord Drayson presented today in London the UK Innovation Investment Fund (UKIIF), the new vehicle that will support high growth small businesses and start ups in strategic sectors such as life sciences, clean technologies, digital and advanced manufacturing. The fund will operate on a fund of funds structure. It means that it […]

Chinaventure capital

According to Xinhua News Agency, China’s National Development and Reform Commission and Ministry of Finance are planning to create venture capital funds to support businesses with high growth potential and industrial restructuring. Within the framework of the plan, each fund would have a minimum size of approximately US$37m (RMB 250m yuan) and would be managed […]