REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
The New and Renewable Energy Centre (Narec), an European Union backed project aimed to provide technology and business support to create new energy companies, is benefiting from additional £2.4m investment from regional development agency One North East. The funding will be used to finance an Incubation & Inward Investment project as well as support the […]
Utility and Environmental Solutions Limited (UES), a Ystrad Mynach, Wales-based company that advises businesses on managing utility costs and environmental impact, has secured a £400,000 investment from Finance Wales. The funds, together with financial support from the Welsh Assembly Government, will be used to invest in people, new products and infrastructure to expand. UES is […]
eCommera, a London, UK-based provider of e-commerce services to the retail industry, has secured £1.3m in investment from private equity group ePlanet. This round of funding takes the total raised by the company in 2009 to over £6m. The funds will be used to drive the geographic expansion with an initial focus on Europe. This […]
Hematris Wound Care GmbH, a Munich, Germany-based company that develops, manufactures and commercialises products in the area of wound care, has received a €2.0m equity financing from Aurelia Private Equity and KfW. The funds will be used to launch on the market the company’s flagship product, the wound biodegradable patch Hematrix®, which stops severe, even […]
Coal Grill and Bar, a UK-based casual dining restaurant chain, has received a £1.5m investment from the £30m Octopus Capital for Enterprise Fund (OCfE), managed by Octopus Investments Ltd. The funds will be used to finance additional new sites across the UK. Coal Grill & Bar currently operates restaurants in four locations (Wimbledon, Basingstoke, Sheffield […]
EndoGastric Solutions, Inc. (EGS), a Redwood City, CA-based developer of new transoral procedures and products to address gastrointestinal diseases, closed a $21.5m Series E financing led by current investors including Advanced Technology Ventures. The company is pioneering endoluminal procedures for the treatment of upper gastrointestinal diseases, including gastroesophageal reflux disease (GERD) and other GI disorders. […]
Life360, a San Francisco, CA-based operator of an online service for managing family safety and security, has raised $750,000 in their most recent round of funding. Investors include Founders Fund, early Mint.com investor Mark Goines, LaunchCapital and the Seraph Group. The Life360 platform makes it simple for families to guard against potential disasters. Its features […]
A £9.3m funding has been agreed for a new university campus in Harlow, which will help raise skills levels and increase opportunities for local people and businesses. The funding for the campus, a new three-storey, 2400m2 higher education centre on a site leased from Harlow College, consists of:– £5m from Higher Education Funding Council for […]
AIM-listed Greenko PLC, a Hyderabad, India-based renewable energy generation company, has received a $46.3m investment from private equity firm Global Environment Fund (GEF). Greenko generates renewable energy through the development, acquisition, construction, and operation of run-of-river hydro and biomass-fired plants. Founded in 2006, the company is a premier clean energy player in India, with a […]
BioSystem Development, LLC., a Madison, WI-based life science analytics company, has completed an over $1.4m investment round in capital equipment and funding. Two strategic manufacturing partners, All Metal Stamping and Orbital Biosciences, contributed $350,000 to the round in the form of tooling and manufacturing infrastructure. The remaining investment of just over $1.0m was contributed by […]
Dubai-based Abraaj Capital Group agreed to acquire Riyada Ventures, a venture capital firm operating in the Middle East and North Africa (MENA) region. Founded in 2005, Amman, Riyada Ventures is headquartered in Amman, Jordan and operates an office in Cairo. The firm will be integrated by Abraaj into its newly launched regional SME and Entrepreneurship […]
UK Prime Minister Gordon Brown announced the Government’s intention to develop a proposal for a new growth fund to provide finance for companies looking to invest and grow. The announcement followed the publication of Christopher Rowlands’Growth Capital Review, which was announced in the New Industry, New Jobs strategic plan released on 20 April 2009 and […]
Milo.com, a Palo Alto, CA-based free website that prices more than 1.5m products at over 42,000 stores across the U.S., has raised $4m in Series A financing. True Ventures led a round that included the following angel investors: – Magid Abraham, comScore – Harris Barton, former 49er – Jeff Clavier, SoftTech VC – Ron Conway, […]
C.En Ltd., a Zurich, Switzerland-based developer of hydrogen storage technology, has completed a round of equity financing. The round was led by Generali Financial Holdings (FCP-FIS), a subsidiary of the global insurance company Generali Group, and other global partners. The funds from the financing will be used to further enhance environmentally sustainable applications of C.En’s […]
The US National Aeronautics and Space Administration (NASA) has selected for development 368 small business innovation projects that include research aimed to introduce new technologies into agency missions and transition them into commercially available products and services. The selected awards are part of NASA’s Small Business Innovation Research (SBIR), and Small Business Technology Transfer (STTR) […]