February 2010

California, $90M to Support Businesses

February 25, 2010

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 [...]

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Butterfly Gem® Collection Receives $115,000 in Funding from Government of Canada

February 25, 2010

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, [...]

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Mashery Raises $5.5M

February 25, 2010

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 [...]

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Italy, Microcinema Raises €1.5M

February 25, 2010

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 [...]

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Enerkem Closes CDN $53.8M Round of Financing

February 25, 2010

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) [...]

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ErGo Media Capital Launches

February 24, 2010

ErGo Media Capital, an entertainment and media investment firm headed by former Cinetic Media co-founder Matt Littin, has launched in New York. The company will provide venture capital and private equity funding to companies in the film, video game, music, television and new media spaces at stages ranging from startup to growth to expansion, providing [...]

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CFX Battery Secures Additional $14.2M Series B Funding

February 24, 2010

CFX Battery Inc., an Azusa, CA-based developer of rechargeable batteries, has raised $14.2m in Series B funding. Participants in the round includes investors CMEA Capital, Harris & Harris, Schlumberger and US Venture Partners. According to a press release, this investment brings the total amount the company has raised to date to $29.4m. The funds will [...]

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VisuMotion GmbH Sold to Malaysian 3D International Sd

February 24, 2010

High-Tech Gruenderfonds, Mountain Super Angel and Beteiligungsmanagement Thueringen have sold VisuMotion GmbH, a Jena, Germany-based supplier of universal 3D-display infrastructure, to 3D International Sd. Bhd., Kuala Lumpur, Malaysia. One of the major shareholders of the buyer is the Malaysian Venture Capital firm MAVCAP, a wholly government owned investment company. The take-over will enable VisuMotion to [...]

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Bridge Bank Closes $2.5M Credit Facility With Aggregate Knowledge

February 24, 2010

Aggregate Knowledge, a San Mateo, CA-based provider of solutions enabling agencies and advertisers to control their campaigns, has received a $2.5m line of credit from Bridge Bank, National Association, a professional business bank subsidiary of Bridge Capital Holdings (NASDAQ: BBNK). The financing, which follows the closing of a Series C financing round of $9m in [...]

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UK, Domainex Raises Funds

February 24, 2010

Domainex, a Cambridge, UK-based biotechnology company, has secured an undisclosed sum from Longbow, The Capital Fund, Bury Fitzwilliam-Lay & Partners LLP, and Takeda Research Investment, Inc. (TRI). The capital infusion will enable the company to develop its Combinatorial Domain Hunting (CDH) technology, and to advance its internal pipeline of oncology targets. In particular, the company [...]

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