Uncategorized

Dear Friends, Overall, thank you for having joined FinSMEs during 2010. As you can daily see, I’ve been working hard to expand the reach of this blog to more professionals interested in news related to financing for SMEs.  For me, this means to follow the path I have decided to walk: (dis)cover deals and bring […]

fundingUSA

ActaCell, Inc., an Austin, Texas-based technology company developing Li-Ion technologies for electric vehicle applications, has been awarded up to $3m over a 3-year period in funding from the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST). The company intends to use the funds, which will come through NIST’s Technology Innovation Program (TIP), […]

fundingUSAventure capital

Rave Wireless, Inc., a Framinghan, MA-based provider of safety mobile applications, has raised $4m in equity financing, according to a SEC regulatory filing.  Investors are not listed in the filing but existing shareholders include Sigma Partners, Bain Capital Ventures, and RRE Ventures, whose members seat on the board of the company along with CEO Tom […]

fundingUSAventure capital

PixelFish, Inc., a Torrance, CA-based a full-service video production company, has raised $2.1m in equity funding, according to a S.E.C. regulatory filing. The investors remained undisclosed.  The company, which launched in 2001 and re-branded as PixelFish in April 2006, performs all functions of video production including pre-, field-, post-production and media delivery.  PixelFish’s solutions enable […]

fundingIrelandUSAventure capital

Gridstore, a Dublin, Ireland-based provider of enterprise-class Network Attached Storage grid (NASg) solutions, recently completed a €1.5m seed funding round. The round was led by which was led by the Ulster Bank Diageo Venture Fund, managed by NCB Ventures, with participation from Enterprise Ireland and other Irish private investors. The proceeds from the investment are […]

GermanyStart Upventure capital

6 Wunderkinder GmbH, a Berlin, Germany-based start up that provides online and mobile working and productivity tools, closed a €500,000 second round of funding. The financing, which was led by High-Tech Gründerfonds, is followed by an additional investment of €100,000 made by undisclosed business angels. The company intends to use the funds for the technical […]

Irelandventure capital

Ferfics, a Cork, Ireland-based company specializing in the development of components for mobile phones and wireless devices, recently raised €1.7m in equity funding. The round, which was announced in November 2010, was led by The Ulster Bank Diageo Venture Fund, managed by NCB Ventures, with participation from the AIB Seed Capital Fund, managed by Enterprise […]

Private EquityUSA

ClearView Risk Holdings, LLC, has received a $23m investment from GCP Capital Partners LLC (GCP). With the investment, GCP has acquired a controlling interest in the company, whose principal subsidiary is Southwest Risk, LP, a Dallas, Texas-based wholesale insurance broker that specializes in certain property and casualty coverages, including real estate and construction risks. Following […]

fundingUSAventure capital

Ifbyphone, a Skokie, IL-based provider of voice applications for customer interactions, has received a strategic investment from the National Association of Realtors (NAR), which represents 1.1 million members involved in all aspects of the residential and commercial real estate industries. The investment, which was made through NAR’s investment arm, Second Century Ventures, was part of […]

fundingStart UpUKventure capital

Provesica Ltd, a Cambridge, UK-based clinical-stage company developing a novel therapeutic approach to overactive bladder, has received a £4m equity investment from Forbion Capital Partners and Seroba Kernel Life Sciences Ltd. Established in November 2009 as part of the reorganisation of Xention, the company intends to use the funds to progress its overactive bladder (OAB) […]

fundingIrelandventure capital

brite:bill, a Dublin, Ireland-based company that operates a SaaS enabling telecom providers and utilities to deliver an online billing experience for their customer base, has secured €1.2m from the Ulster Bank Diageo Venture Fund, which is managed by NCB Ventures.  The company intends to use the funding to expand in the UK and in Europe […]

Italy

Getbazza Srl, a Venice, Italy-based new company that operates a social buying site specializing in offers dedicated to the world of night time and fun, recently received a start up investment of undisclosed amount from H-Farm, a Treviso-based venture incubator.  2night, a media company that focuses on entertainment, launched the initiative alongside H-Farm.  Getbazza (whose […]

NorwayStart Up

Havkraft AS, a Måløy, Norway-based wave power company, has raised seed funding of undisclosed amount from Fjord Invest. The investment will enable the company to industrialize its patented technology, which is designed to produce renewable electricity from ocean waves. In order to further develop its technology, which is still in an early phase, Havkraft also […]

fundingStart UpUSAventure capital

Longwood Founders Management, LLC, a healthcare venture capital firm, closed its first fund at $85m. Investors in Longwood Founders Fund, L.P. include GlaxoSmithKline, Genzyme, and several institutional investors. Managed by partners Rich Aldrich, Michelle Dipp, MD, PhD, and Christoph Westphal, MD, PhD, the fund focuses on founding, managing, and building biotechnology companies with innovative science […]