May 2010

Winamax Holdings Receives €12M Private Equity Investment

May 27, 2010

According to industry reports, Winamax Holdings, an on-line poker company, has received a €12m investment from France-based private equity company AGF. The funds will be used to execute marketing activities to expand in France, where the legislation is in the process of liberalising the market. FinSMEs 27/05/2010

Read more →

Vanedge Capital Holds First Close at over $100M

May 27, 2010

Vancouver (BC), Canada-based Vanedge Capital has held an initial close of its maiden venture capital fund, Vanedge Capital I L.P., with over $100m in committed capital. Limited partners include Teralys Capital, BC Renaissance Capital Fund, BDC Venture Capital, Nicola Wealth Management Ltd., as well as additional institutional investors and a group of individual investors. Vanedge [...]

Read more →

Heat Biologics Raises Initial Funding

May 27, 2010

Heat Biologics, a Miami Beach, FL-based clinical-stage immunotherapy company focused on developing drugs to combat a wide range of diseases, has completed an initial funding round of undisclosed amount. The investment was led by Brightline Ventures. The funds will be used to accelerate ongoing clinical trials of Heat’s therapeutic vaccines to treat Non Small Cell [...]

Read more →

Logical Therapeutics Secures $16.9M in Series C Financing Round

May 27, 2010

Logical Therapeutics, Inc., a Waltham, MA-based clinical stage biopharmaceutical company focused on the development of bio-activated prodrugs to treat inflammatory conditions such as osteoarthritis and rheumatoid arthritis, had closed a $16.9m Series C equity financing round. The round was led by existing investor SV Life Sciences, with participation from Burrill & Company, Novo A/S and [...]

Read more →

APIM Therapeutics AS Raises €440,000

May 27, 2010

APIM Therapeutics AS, a spin-out from The Norwegian University of Science and Technology (NTNU), has raised NOK3.5m (approximately €440.000) from Sarsia Seed AS. The company has developed novel peptide drugs, which have the potential to improve clinical outcomes achieved with a large group of existing first line chemotherapeutics. Sarsia Seed is a Seed Capital Fund [...]

Read more →

NOXXON Pharma Closes €33M Round of Financing

May 27, 2010

NOXXON Pharma AG, a Berlin, Germany-based company focused on the development of mirror image oligonucleotide therapeutics, closed a €33m Series D round of financing. The round was led by new investor NGN Capital, with participation from existing investors TVM Capital, Sofinnova Partners, Edmond de Rothschild Investment Partners, Seventure Partners, VC Fonds Technologie Berlin GmbH, Dow [...]

Read more →

Energate Secures $7.2M in Series B Funding

May 27, 2010

Energate, an Ottawa, Canada-based provider of home energy management solutions for utilities and their consumers, has secured $7.2m in Series B funding. The investment was led by Cycle Capital Fund I, L.P., with participation from new and existing investors. The Ontario Capital Growth Corporation’s (OCGC) Ontario Emerging Technology Fund (OETF) also participated. The capital infusion [...]

Read more →

Duer Advanced Technology and Aerospace Closes $2M in Financing

May 26, 2010

Duer Advanced Technology and Aerospace, Inc. (D.A.T.A.), a Vienna, VA-based company that provides Information Technology services and Intelligence Analysis support to military and civilian agencies, has closed on $2m in new financing. D.A.T.A. secured $1.5m from a Small Business Administration 7(a) loan to repurchase equity and fund further expansion. In addition, Access National Bank provided [...]

Read more →

Sportvision Closes Venture Debt Facility with Velocity Financial Group

May 26, 2010

Sportvision, Inc., a Chicago, IL-based provider of digital sports content, closed a venture debt facility of undisclosed amount with Velocity Financial Group, Inc. The company is backed by New World Ventures, Dolphin Equity Partners, Motorola Ventures and Cartesian Capital. Through the collection of real-time data, Sportvision provides interactive in-action content and performance analysis of an [...]

Read more →

Ogmento Raises $3.5M in Series A Funding

May 26, 2010

Ogmento, Inc, a developer and publisher of Augmented Reality games and entertainment applications, closed a $3.5m in Series A equity financing. The round was led by Chart Venture Partners, with participation from CNF Investments and private investors. The company will use the funds to expand the development team and the core features of its game [...]

Read more →