REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
The Tech Coast Angels (TCA), the angel investment network operating in Southern California, announced a new 2010 program of increased entrepreneur support. Part of the network’s effort is the already launched series of TCA Mixers, free events where anyone interested in making contact with TCA and its members, whether a person just thinking of a […]
Munich, Germany-based smac partners and Headway Capital acquired a diversified ICT-portfolio from iD TechVentures Ltd, a venture capital firm focused on technology and high growth investment in Greater China. The portfolio includes various promising fast growing high tech companies, like Alchip Technologies, Inc., a Taipei-Taiwan-based provider of silicon design and manufacturing services for companies developing […]
Neomend, Inc., an Irvine, CA-based company focused on the design, development and commercialization of surgical sealants and adhesion prevention products derived from its ProGEL technology platform, has completed a $30m funding round. The round was led by Clarus Ventures, LLC, which invested $17m, with participation from existing major investors including Sanderling Ventures, Novo Ventures, Vivo […]
Ciris Energy, Inc., a technology-based energy production company located in Centennial, Colorado, has closed an undisclosed round of financing with GE Energy Financial Services, a unit of GE (NYSE: GE), Braemar Energy Ventures and Rho Ventures. The new capital will fund Ciris’ next stage of development of its proprietary technology aimed to biologically convert coal […]
Juvaris BioTherapeutics, Inc., a Burlingame, CA-based biotechnology company developing adjuvanted vaccines for infectious diseases, has completed a second close on its Series B equity financing of up to $25m. The additional equity investment came from an undisclosed strategic corporate investor who joins SV Life Sciences and Kleiner Perkins Caufield & Byers in the round. The […]
The Receivables Exchange, LLC, a New Orleans, LA-based online marketplace for real-time trading of accounts receivable, has closed $17m in Series C financing. The round was led by Bain Capital Ventures, with additional commitments from existing investors Redpoint Ventures and Prism Ventureworks. The company will use the funding to further scale its operations and sales […]
Adocia, a Lyon, France-based biotechnology company specialized in protein delivery, has raised €14m in its second round of funding. Investors in the round include: – the biotech fund Fonds InnoBio, managed by CDC Enterprises within the framework of the Fonds Stratégique d’Investissement, which committed €6m; – SHAM, a Lyon-based insurance company, which committed €2m; – […]
Growth investor General Atlantic (GA) has agreed to make a “substantial” equity investment in Markit, a global financial information services company. General Atlantic will assist Markit actively in developing its growth strategy further and executing value-creating acquisitions. Commenting on the investment, Lance Uggla, CEO of Markit, was quoted to say: “This significant investment marks an […]
Fonds Stratégique d’Investissement, via CDC Enterprises, and Avenir Finance Gestion made a €6m investment in Phoebe Ingenica, a Jouy-en-Josas, France-based company specialising in industrial engineering in the telecommunications, health, energy, aerospace and natural resources sectors. This transaction brings the total Avenir Finance Gestion has invested in the group to €2.8m. Avenir already invested in the […]
The Northwest of England, UK, has launched a new scheme offering overseas investors free office space in serviced accommodation across the region. The initiative, “Hello Northwest”, has been developed in partnership between the Northwest Regional Development Agency (NWDA), investment and development agencies for Manchester and the Liverpool City Region, MIDAS and The Mersey Partnership, and […]
An investment of £1.22m is to boost a three-year project aimed to create over 200 jobs and 18 new businesses in the creative media sector in the North East of England, UK. Newcastle-based Northern Film & Media (NFM) has secured the funding from the European Regional Development Fund 2007-13 to extend the range of its […]
The European Investment Bank (EIB) is lending €50m to Piraeus Bank Romania to finance permanent working capital increases, as well as projects of small and medium-sized enterprises (SMEs) in Romania. This loan is specifically designed to support projects promoted by SMEs in the areas of industry, services including tourism, agriculture, health, energy, environmental protection and […]
The European Investment Fund and Bank BPH S.A. have signed a three-year guarantee agreement under the Competitiveness and Innovation Framework Programme (CIP) helping to provide enhanced access to finance for Small and Medium sized enterprises (SMEs) in Poland. Within the framework of the agreement, over 700m zlotys (approximately €150m) of additional lending (guaranteed under the […]
Last December, Jinni, a Yehud, Israel-based content discovery engine for movies and TV programs, secured $1.6m in a second funding round led by DFJ Tamir Fishman Ventures. Start Up Factory, the Israeli Angels Club which led the company’s seed round, joined this round as well. As stated by Mike Pohl, Jinni’s CEO, the funds will […]
IgnitAd, an Israel-based early-stage developer of an optimization system to serve various players in the online advertising space, has received an undiscosed amount in seed funding from DFJ Tamir Fishman Ventures and JVP Media Studio, the JVP’s incubator. IgnitAd was founded by Assaf Roth, Yaniv Bar-Lev and Yoav Ben-Ari, who worked for many years in […]