Start UpUSAventure capital

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 […]

FranceStart Upventure capital

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 […]

Bulgaria

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 […]

Italyventure capital

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, […]

Bosnia and HerzegovinaHungarySerbia

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 […]

UKUSAventure capital

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 […]

USAventure capital

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 […]

USAventure capital

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 […]

USA

The California Energy Commission launched a $90m program that will provide financing to manufacturers. The Clean Energy Manufacturing Program will combine two existing initiatives that offer California-based clean energy businesses a combination of financing options including: – grants, – loans, loan guarantees, – tax-exempt financing, – production incentives, – sales tax incentives and – credit […]

Canada

Butterfly Gem® Collection Inc., a Quebec City, Canada-based gem designer, has received $115,000 in repayable funding from the Government of Canada. Granted through the Business and Regional Growth program, this financing will enable the company to create six new jobs and pursue its North American and International market expansion. Through its research and development activities, […]

USAventure capital

Mashery, a San Francisco, CA-based provider of API (Application Programming Interface) enablement and management services, has raised $5.5m in series C funding led by Cisco. Existing investors Formative Ventures, First Round Capital and 406 Ventures also participated in the round. The company will use the financing to expand its product offering, sales, and marketing operations […]

Italyventure capital

Next, a public-private venture capital fund managed by Finlombarda Gestioni SGR, has made a €1.5m minority investment in Microcinema S.p.A., a Turin, Italy-based company which is creating a circuit of digital cinemas. Next joins existing investors Strategia Italia sgr and ACEC – Associazione cattolica esercenti cinema. With a database of over 300 HD titles, more […]

Canadaventure capital

Enerkem Inc., a Montreal, Canada-based developer of a technology which converts of residual materials into clean transportation fuels, advanced chemicals and electricity, closed a CDN $53.8m round of financing. Participants in the round were existing institutional investors, Rho Ventures, Braemar Energy Ventures and BDR Capital as well as new investors, Waste Management, Inc. (NYSE: WM) […]