November 2009

Lumexis Corporation Secures $15M Investment Led By Perseus, LLC

November 30, 2009

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 [...]

Read more →

BaroSense Receives Equity Financing

November 30, 2009

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, [...]

Read more →

Seaside National Bank&Trust receives $15m Investment

November 30, 2009

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 [...]

Read more →

CyrusOne Secures $150M Credit Facility

November 30, 2009

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 [...]

Read more →

EBRD, €100M to Bank Millennium for Financing SMEs

November 30, 2009

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, [...]

Read more →

XENDEX Raises $3.5M in Second Financing Round

November 30, 2009

XENDEX, a Vienna, Austria-based games developer for handheld devices, announced it has closed a $3.5m second round of funding led by PONTIS Capital and a group of business angels. This financing follows a $3.6m first round of capital raising announced by the company in June 2008. The funds will be used to further grow the [...]

Read more →

Terapio Corporation Raise $5M In Series A Financing

November 30, 2009

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 [...]

Read more →

Norway, Innotech Solar Raises €6.07M from Investinor

November 30, 2009

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 [...]

Read more →

Germany, ELARA Pharmaceuticals Raises €4.6M

November 30, 2009

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, [...]

Read more →

Germany, Polikum Receives Growth Capital From Palamon Capital Partners

November 30, 2009

Polikum GmbH, a German operator of health clinics has raised an undisclosed amount of equity financing from Palamon Capital Partners. Founded in 2004, Polikum, which provides a broad range of outpatient medical treatments, currently operates three large health clinics in Berlin and will be opening a number of similar clinics in other major German cities [...]

Read more →