REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
MyCityWay, a mobile application that helps New York City citizens and visitors search for restaurants, accomodations, shops and other services, will raise $300,000. The investment will be made through a new $22m fund aimed at investing in technology start ups, which was announced by New York City Mayor Michael Bloomberg at TechCrunch Disrupt. Investors in […]
At a press conference held today in Skopje, FYR Macedonia, the European Fund for Southeast Europe (EFSE), announced that, over the next five years, it is prepared to provide an additional €900m of financing to financial institutions in the region for on-lending. The money is specifically meant to finance long-term loans to small business, in […]
Gloucester Engineering Co., a Gloucester, MA-based provider of capital equipment for the plastics extrusion and converting industry, received a credit facility of undisclosed amount from an affiliate of Blue Wolf Capital Fund II. The facility will enable the company to fund its working capital requirements. Commenting on the financing, Michael Ranson, a Partner at Blue […]
Off & Away, a Seattle, WA-based start up operator of an auction site where users bid for luxurious accommodations, has recently raised an undisclosed amount as part of its Series A funding. The investment was made by the venture capital firm Madrona Venture Group. Off & Away is founded by former Amazon.com and travel industry […]
ReVision Optics, Inc., a Lake Forest, CA-based ophthalmic surgical products company that specializes in the research, development and manufacturing of custom products to correct and maintain near vision, received $35m in capital funding. The financing was led by ProQuest Investments, with participation from returning investors Domain Associates, Canaan Partners and InterWest Partners. This spring, the […]
EverTune, a Los Angeles, CA-based company developing a patented technology that keeps guitars strings in tune forever, received $800,000 in seed funding. Investors include music industry insiders and veterans Dave Weiderman and Mark Chayet, William Quigley of Clearstone Venture Partners, and Brock Pierce. Weiderman, Quigley and Pierce will act as directors, and Chayet as CEO. […]
BiOxyDyn Limited, a Manchester, UK-based company specialising in the development and application of new diagnostic imaging tools and services, has received an undisclosed financing from the MTI Partners‘ UMIP Premier Fund. The company, which is based in the Core Technology Facility at the University of Manchester, has developed an innovative approach to 3D lung imaging.Its […]
Five Prime Therapeutics, Inc., a San Francisco, CA-based developer of innovative protein and antibody therapeutics, has received a $1m funding from Fast Forward, LLC, a subsidiary of the National Multiple Sclerosis Society. The funding will enable the company to develop its pre-clinical stage therapeutic candidate for treatment of Multiple Sclerosis (MS). Under the terms of […]
GuardTime, a Singapore-based data integrity service provider that helps businesses across multiple industries, including financial services, government, telecommunications and healthcare, raised $8m in series A funding. The funds will enable the company to help roll out its global infrastructure. Investors include: – Horizons Ventures, a Hong Kong based investment fund focusing on early stage technology […]
expressor software, a Burlington, MA-based provider of a data integration system, has secured $4.5m in venture funding. Investors include existing shareholders Commonwealth Capital Ventures, Globespan Capital Partners and Sigma Partners. The funds will be used to accelerate the company expansion.In particular, they will enable expressor software to fund ongoing operations, extend sales and marketing reach […]
Wirescan AS, a Halden, Norway-based provider of products and services for diagnosis and condition monitoring of cables, has closed a NOK25m financing round. The investment was led by Siemens Venture Capital GmbH and SåkorninVest, II AS, a company managed by Procom Venture of Stavanger, Norway. This capital infusion will enable the company to accelerate market […]
Vinfolio, Inc., a San Francisco, CA-based operator of an on-line fine wine store and marketplace, has received an undisclosed funding from Revolution LLC. The new capital will enable the company to accelerate growth. In conjunction with the funding, Revolution’s David Golden and Philippe Bourguignon will join Vinfolio’s board members N. Colin Lind, Jon Moramarco and […]
T2 Biosystems, Inc., a Cambridge, MA-based biotechnology company that develops innovative clinical diagnostic solutions, has raised approximately $15m in a Series C financing. The round was led by Physic Ventures, with participation from new investors Arcus Ventures, RA Capital, Camros Capital, WS Investments and existing investors, Flagship Ventures, Polaris Venture Partners, Flybridge Capital Partners and […]
American Life Science Pharmaceuticals, Inc., a San Diego, CA-based developer of a drug that prevents Alzheimer’s disease (AD), has received a $248,000 grant from The Alzheimer’s Drug Discovery Foundation. The funds will allow the company to manufacture its lead drug candidate to be used in preclinical toxicology testing in preparation for entering Phase I clinical […]
Axel Technologies, a Turku, Finland-based developer of mobile TV software technologies, has partnered with Symbio, a provider of outsourced product development solutions, to accelerate R&D for its Fuugo(TM), the innovative TV application for mobile and portable devices, enabling its global market entry. This strategic partnership is part of Axel Technologies’ latest investment round with existing […]