REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Intamac Systems Ltd, a Northampton, UK-based provider of interactive home broadband services, has received a £1m equity investment from venture capital firm Seraphim Capital. The company has developed a web-based platform that enables a broad range of new products and interactive services for consumers to remotely monitor and control their home environment. This platform has […]
Image Engine Design Inc., a Vancouver-based production studio specializing in visual effects for movies, received a $2.2m financial loan package from the Business Development Bank of Canada (BDC). Funds enabled the company to acquire a new building in order to expand its studio facilities to help meet growing business demand. Commenting on the financing, Greg […]
EIRE’s Government expanded the AIB Seed Fund, the vehicle dedicated to investing in start ups with a particular focus on technology, financial services, clean, green and medical devices sectors. AIB and Enterprise Ireland are partnering to invest €23m, contributing €15m and €8m respectively, and bringing the total fund size to €53m. The fund is managed […]
Webvanta Inc., a Sebastopol, CA-based developer of an innovative content management system, has closed a Series A financing round from North Bay Angels. The company, whcih develops a hosted content management system (CMS) that allows designers to build content-rich sites with structured data, reducing the time and effort required to build and deploy a dynamic […]
Semantix, a Stockholm, Sweden-based language and communications company, has been acquired by private equity firm Litorina. Together with the company management, Litorina has acquired 100% of the shares in Semantix from the investment fund Accent Equity 2003. Semantix is the Nordic region’s leading provider of professional language and communications services. Through 150 employees working in […]
Allegiance Capital Corporation, a middle-market private investment banking firm, announced the sale of Meriden, CT-based Connecticut Color, Inc., a commercial printer and direct mail leader, to Bradford Equities Management, LLC. Under the agreement, White Plains, NY-based Bradford Equities Management acquires controlling interest in Connecticut Color. These new partnership plans to continue the growth and performance […]
Rekoo, a Beijing, China-based social networking game developer, has raised $1.5m in equity funding from Infinity Venture Partners (IVP), The company, which recently launched Animal Paradise and Sunshine Ranch on Facebook, is developing other games. FinSMEs 23/12/2009
The European Investment Bank (EIB) and the Lombardy Region (Italy) have signed a three-year framework cooperation agreement and a €330m loan in support of the regional economy and small and medium-sized enterprises. The Framework Agreement, which is valid for the three-year period 2010-2012, sets out the arrangements for cooperation between the EIB and the Region […]
Agios Pharmaceuticals, a Cambridge, MA-based biopharmaceutical company focused on discovering and developing novel drugs in the emerging field of cancer metabolism, has received an undisclosed amount of funding from Accelerate Brain Cancer Cure (ABC2), a non-profit organization that supports brain cancer research. These new funds will enable new research investigating IDH1 gene mutations in brain […]
Funds advised by Apax Partners signed an agreement to purchase a majority shareholding in Israel-based asset management business, Psagot Investment House Ltd, from shareholders led by York Capital Management. Psagot, which currently manages assets of over NIS122bn (€21.7bn, $31.9bn) is the largest house in the country with long term and short term investment services. The […]
The Yorkshire and Humber Enhancement Fund aimed to support businesses of different sizes and sectors to train and develop their staff is to receive a £20m funding boost. The fund was set up a year ago to help a broader range of employers to access funding from the Learning and Skills Council (LSC), Yorkshire Forward […]
Tyromer Inc., a University of Waterloo spin off, has closed a $750,000 investment from First Leaside Visions II Limited Partnership. With initial financial support from the Michelin Development Company and the Ontario Centres of Excellence, the company is commercializing a patented rubber devulcanization technology developed at the University of Waterloo. Tyromer offers a solution to […]
DossierView Inc., an early stage software technology company, has closed a $750,000 financing round with First Leaside Visions II Limited Partnership. According to a press release, it follows a funding round with Golden Triangle Angelnet that the company recently announced. DossierView, which is based in Waterloo, Ontario, Canada at the Accelerator Centre in the University […]
GROHNO Guss GmbH, a Düren, Germany-based manufacturer and developer of prototypes, components, small lots and test series out of metal and synthetic material, secured un undisclosed sum as a part of its second round of equity financing. The round was led by Leonardo Venture GmbH & Co. KGaA, with participation from KfW and a business […]
VaultLogix, LLC, a Danvers, MA-based provider of online data backup and disaster recovery services to the small and medium-sized business market, has received a minority equity investment from WestView Capital Partners. WestView, a Boston-based private equity firm focused on lower middle market companies, joins existing investor London Bay Capital. Commenting on the funding, Tim Hannibal, […]