February 2010

TEXO Ventures Launches to Invest in Early-Stage Healthcare Companies

February 28, 2010

TEXO Ventures, an Austin, TX-based venture capital firm focused on making seed and early-stage investments up to $2m to build innovative healthcare companies, officially launched. Founded by Philip Sanger, M.D., Jerry DeVries and Randall Crowder, TEXO Ventures intends to create a new model for building innovative healthcare companies. Working closely with entrepreneurs, the firm provides [...]

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Spain, Notro Televisión Raises €3.5M in Venture Capital

February 26, 2010

Notro Televisión, a Madrid, Spain-based broadcasting firm, has received a €3,5m investment from Sociedad de Gestión de Capital Riesgo del País Vasco (SGECR, S.A.). The investment, which was made through the venture capital fund EZTEN, has allowed the company to take a 9,94% stake in the company. Vértice 360º will mantain the remaining 90,06% stake [...]

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Spain, TTTEjes Receives €625.000 Investment

February 26, 2010

TTTEjes, S.A., a Gipuzkoa, Spain-based company which manufactures shock absorber rods, has received a €625.000 investment from Gestión de Capital Riesgo del País Vasco. FinSMEs 26/02/2010

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France, Leetchi Raises Funds to Start Up

February 26, 2010

Leetchi, a Paris, France-based Web service which allows friends to collect and pay the individual share of a collective purchase or donation via credit card, has received a start up financing from Kima Ventures and 360 Capital Partners. The capital infusion will enable the company, which was launched in November 2009, to develop its activities [...]

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EBRD, €27.5M Loan to Allianz Bank Bulgaria to support SMEs

February 26, 2010

The European Bank for Reconstruction and Development (EBRD) is making available two credit lines worth a total of €27.5m to Allianz Bank Bulgaria (ABB) for on-lending to small and medium sized enterprises (SMEs) and for financing energy efficiency and renewable energy projects. The €20m SME credit line will be used to finance investments and working [...]

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Italy, Montalbano Technology Raises €2M

February 26, 2010

Montalbano Technology S.p.A., a Pistoia, Italy-based company which develops devices for monitoring the exposure of perishable products and materials, has received a €2m investment from Toscana Innovazione, the Tuscany Region backed venture capital fund managed by SICI – Sviluppo Imprese Centro Italia and FidiToscana. The investment, made through equity and the subscription of convertible bond, [...]

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EBRD and Intesa Sanpaolo Group, €100M to Support Small Businesses in Central and Eastern Europe

February 26, 2010

The European Bank for Reconstruction and Development (EBRD) and Intesa Sanpaolo Group are increasing the availability of financing to small and medium sized enterprises (SMEs) in Central and Eastern Europe with a financing package of up to €100m to Intesa Sanpaolo Group’s subsidiaries in Bosnia and Herzegovina, Hungary and Serbia. The facility (subject to completion [...]

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MOG Closes $9.5M Round of Funding

February 26, 2010

MOG, a Berkeley, CA-based online on-demand music listening service and music blogging hub, has closed a $9.5m round of funding. The round was led by Menlo Ventures, which was joined by new investor Balderton Capital. In conjunction with the financing, Dharmash Mistry, partner at Balderton Capital, has been appointed to MOG’s board of directors. The [...]

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Cleantech Group Closes $3.2M in Series C Financing

February 25, 2010

The Cleantech Group LLC, a global research and advisory firm focused on cleantech innovation, closed $3.2m in its third round of equity financing. Investors in the round include Credit Suisse AG, SAIL Venture Partners, Consensus Business Group, Georgieff Capital, and others. The new funds will be used to enhance the Group’s global research offerings to [...]

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CalStar Products Raises $15M

February 25, 2010

CalStar Products, Inc., a Newark, CA-based producer of eco-friendly and green bricks, has closed a $15m equity investment. Nth Power, a venture capital fund focused on energy and cleantech investing, led the equity round that includes new investors The Westly Group and Clearpoint Capital as well as continuing investors Foundation Capital and EnerTech Capital. The [...]

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