December 2010

Ifbyphone Receives Strategic investment from NAR Fund

December 28, 2010

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 [...]

Provesica Receives £4m Equity Investment

December 28, 2010

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) [...]

brite:bill Secures €1.2M

December 28, 2010

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 [...]

Getbazza Launches and Raises Start Up Financing

December 28, 2010

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 [...]

Havkraft Raises Seed Funding from Fjord Invest

December 28, 2010

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 [...]

Longwood Founders Management Closes Maiden Fund at $85M

December 28, 2010

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 [...]

TekTrak Raises Seed Funding

December 28, 2010

TekTrak, a Los Angeles, CA-based iPhone Tracking Service Provider, has raised seed funding of undisclosed amount from venture capital firms and business angels. Investors in the round include Cyan and Scott Banister, Kima Ventures (Xavier Niel and Jeremie Berrebi), Sergey Grishin, Wasabi Ventures (Chris Yeh and Tom Kuegler), PBWorks, BCITL Ventures (Dovi Frances), Barney Pell [...]

Malwa International Receives Investment from Almi-Invest

December 27, 2010

Malwa International AB, a Skene, Sweden-based manufacturer of eco-friendly forestry machines, has received an equity investment of undisclosed amount from Almi-Invest. Jörgen Lillieroth, CEO and founder of TST Sweden AB, a supplier of Personal Protective Equipment, also participated in the funding. The company intends to use the proceeds from the investment to recruit new people [...]

Money360.it Received Equity Investment from Vertis and Annapurna Ventures

December 27, 2010

Money360.it S.p.A, a Cagliari, Italy-based online broker of retail financial and insurance products, recently received an equity investment of undisclosed amount. The investment was made by Vertis Sgr, via the Vertis Venture fund, which acquired a 55% stake in the company. Annapurna Ventures, led by Massimiliano Magrini, former CEO of Google Italia, also participated [...]

TK Energi Raises KRO15M from Vækstfonden

December 27, 2010

TK Energi AS, a Køge, Denamark based company that designs, develops and produces advancer biomass and waste handling systems, has raised KRO15m from Vækstfonden. The company intends to use the funds to increase its sales efforts worldwide and establish a demonstration plant in Køge, where it has its headquarters and production facilities (6,000 m2). Led [...]

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