January 2010

Japan, Glamour Sales Raises $13M in First Round of Funding

January 30, 2010

Glamour Sales Holding Limited, an Asian-based online retail marketplace, has completed its $13m first round of financing. Investors in the round include AXA Private Equity and Mandra Capital. Glamour Sales, which operates online retail marketplaces through invitation-only memberships, offering significant discounts on branded designer goods and lifestyle services, was founded in Japan in August 2009 [...]

Germany, Frog Capital Backs agri.capital

January 30, 2010

agri.capital, a Munster, Germany-based producer of biogas energy has received a €3m investment from Frog Capital. The investment constitutes a portion of the €60m F Series round led by TCW Group that completed in May 2009. agri.capital operates 46 electricity production sites with an installed electrical capacity of 29MW and 3 gas-to-grid sites with [...]

Canada, Bering Media Secures Series A Financing

January 30, 2010

Bering Media, Inc., a location-based advertising company focused on bringing hyper local targeting to any website, completed a Series A financing of undisclosed amount.The round was led by venture capital firm Tech Capital Partners, with participation from GrowthWorks Commercialization Fund and from the newly created Ontario Emerging Technologies Fund (OETF), which already made a seed [...]

UK, Touch Bionics Receives a £800K Loan from Archangel Informal Investment

January 30, 2010

Touch Bionics Inc., Livingston, Scotland, UK-based developer of advanced upper-limb prosthetics, received a £800K loan from members of Archangel Informal Investment Ltd. Funding will enable the company to support accelerated expansion in response to December’s successful launch of its ProDigits bionic fingers. Touch Bionics’ range of advanced prosthetic products include: – LIVINGSKIN, a high-definition cosmesis [...]

EIB and Bank Austria Sign Risk Sharing Agreement for SMEs

January 30, 2010

Bank Austria and the European Investment Bank (EIB) signed a risk sharing agreement in Vienna, under which the EIB will in future no longer act purely as a provider of funding to Bank Austria but also, under a pilot project in association with the bank, grant low-interest loans to businesses. The new low-interest loans are [...]

UK, Georgina Goodman Raises £4M from Core Capital

January 29, 2010

According to reports, Georgina Goodman, a London, UK-based luxury footwear designer, has received a £4m investment from Venture Capital Trust manager Core Capital. The funds will enable the company to add senior managers, expand its line of product, as well as open concessions in major department stores in the UK and worldwide. Georgina Goodman currently [...]

Greenhill Capital Partners Makes $20M Investment in Acrisure

January 29, 2010

Private equity investment firm Greenhill Capital Partners, LLC, completed a $20m investment in Acrisure LLC, a Grand Rapids, Michigan-based Midwest insurance brokerage company. As stated by Greg Williams, Chief Executive Officer at Acrisure, the investment provides Acrisure with strategic support and capital for the next growth phase. Formed in 2005, the company has acquired 17 [...]

Salient Pharmaceuticals Receives $2M Funding to Develop Treatment for Cancer Therapy Side Effect

January 29, 2010

Salient Pharmaceuticals, Inc., a client company of the Houston Technology Center (HTC) which develops and commercializes therapeutic products for the prevention and treatment of gastro-intestinal side effects caused by disease, chemotherapy or radiation, received a $2m commercialization award from the Texas Emerging Technology Fund (TETF). The new funds will be used fot the commercialization of [...]

Diffusion Pharmaceuticals Raises Additional $5.9M

January 29, 2010

Diffusion Pharmaceuticals LLC, a Charlottesville, Virginia-based clinical-stage drug-development company commercializing a family of candidates to treat serious or life-threatening medical conditions, completed a $5.9m additional financing. The financing, which was raised during the second half of 2009, was a combination of private equity and convertible notes to existing investors. The new capital will support the [...]

Plastiques Wolinak Inc. Receives $200,000 Funding from Government of Canada

January 29, 2010

Plastiques Wolinak Inc., a Wôlinak (Quebec)-based company specializing in plastic injection moulding, has received $200,000 in repayable funding from the Community Adjustment Fund under the Canada’s Economic Action Plan. The financing will enable the firm, which currently serves numerous clients from Quebec and beyond, to purchase equipment. In addition, the contribution will allow Plastiques Wolinak [...]

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