May 2010

reinnervate Raises £1.6M

May 31, 2010

reinnervate Limited, a Durham, UK-based company developing biotechnologies aimed at facilitating research into cell growth and function in vitro, has raised £1.6m in a new funding led by North Star Equity Investors. Established in July 2002, the company is a spin-out from research conducted at Durham University. It is currently based in a facility within NETPark [...]

Stingray Geophysical Raises £3.15M

May 28, 2010

Stingray Geophysical Limited, a Guildford, UK-based provider of Seismic Permanent Reservoir Monitoring (Seismic PRM) solutions to the upstream oil and gas industry, completed a £3.15m funding round. Investors included existing shareholders Energy Ventures, Cody Gate Ventures, Chevron Technology Ventures and Statoil Venture, together with Magne Sveen (non-executive Chairman) and Martin Bett (Chief Executive). Commenting on [...]

RealDirect Receives Seed Funding

May 28, 2010

RealDirect, a New York-based on-line real estate marketing platform which allows homeowners to market and sell their properties, has raised a seed round of funding. Investors include venture capital firm Greenhill SAVP as well as individual investors Scott Kurnit, Founder of About.com, Barry Silbert, Founder and CEO of SecondMarket, Jonah Neuman, President of Medley Realty [...]

NewVoiceMedia Raises £4M in Venture Capital Funding

May 28, 2010

NewVoiceMedia, a Basingstoke, UK-based contact centre technology provider, has raised £4m in venture capital funding. Investors include Eden Ventures and Notion Capital. The funding will enable the company to further develop its cloud-based contact centre solution, and take it to market on a global level. NewVoiceMedia’s customers include Parcelforce Worldwide, Wokingham Council, Berry Bros. & [...]

BlockChalk Raises “Significand Round of Seed Financing”

May 28, 2010

BlockChalk, a mobile social networking service, has raised a “significant round of seed financing”. Investors include Battery Ventures, Mitch Kapor, Harrison Metal, Founder Collective, Joshua Schachter, Josh Stylman, Tom McInerney, and David Liu. The funding, whose amount remained undisclosed, will be used “to build the next generation of BlockChalk and accelerate our vision, which is [...]

Blueprint Software Systems Secures $14.3M of Funding

May 28, 2010

Blueprint Software Systems Inc., a Toronto, Canada-based enterprise-requirements software provider, has completed a $14.3m financing. Investors include existing venture capital partners Walsingham Fund, BDC, and Growthworks. The new funds will be used to accelerate the development of the Blueprint Requirements Center™ product line, which empowers authors and reviewers to visually define, simulate, validate, and publish [...]

BlackBerry Partners Fund Launches $100M Affiliate Fund in China

May 28, 2010

The BlackBerry Partners Fund launches a US$100m affiliate fund focused on mobile investment opportunities in China. BlackBerry Partners Fund China is a joint venture between China Broadband Capital Partners, a venture capital and private equity manager focused on media and communications investments in China since 2006, and BlackBerry Partners Fund. With offices in Beijing, Shanghai, [...]

Biofortuna Raises £1.1M from EV Tech and Catapult Venture Managers

May 27, 2010

Biofortuna Limited, a Liverpool, UK-based molecular diagnostics company, has raised £1.1m in venture capital funding. Investors in the round include EV Tech and Catapult Venture Managers. The funds will be used to launch the company’s first diagnostic genotyping products and to allow it to continue development of its future product pipeline. Biofortuna designs and develops [...]

Sphere Fluidics Raises Seed Funding

May 27, 2010

Sphere Fluidics, a Cambridge, UK-based start up focused on developing water droplets that serve as “miniature test tubes”, has received a seed investment of undisclosed amount from the Cambridge Enterprise‘s Discovery Fund. The new company, a spin out from the University of Cambridge, aims to commercialise a picolitre droplet technology, which enables researchers to carry [...]

FTRANS Raises $4M in Venture Funding

May 27, 2010

FTRANS Corp., an Atlanta, GA-based provider of accounts receivable and credit management solutions, has raised $4m in venture funding. Investors include existing venture partners Greenhill SAVP, New Atlantic Ventures and Total Technology Ventures. The funding will support the company’s expansion and growth efforts. Founded in 2004, FTRANS manages the entire receivables and collections process enabling [...]

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