January 2011

Petträsket Exploration Recieves Equity Financing

January 31, 2011

Petträsket Exploration AB, a Swden-based mining exploration company, recently recieved an equity financing of undisclosed amount from Partnerinvest Norr and a group of private investors. The company, which has an exploration permit on approximately 3,000 acres within the Skellefteå field, an area known for gold, silver, copper and zinc deposits, intends to use the capital [...]

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IgnitAd Announces $2M Funding to Date

January 29, 2011

IgnitAd, a New York, and Jerusalem, Israel-based self-service ad optimization solution provider, launched its new product featuring a proprietary predictive analysis and advanced bidding technology (Bid Optimization Management™) that ise designed to help publishers increase their advertising revenue. To date, the company has secured $2m in funding led by DFJ Tamir Fishman Ventures and JVP [...]

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Valldata Receives £6.5M Investment from ISIS

January 29, 2011

Valldata, a Bowerhill, Melksham, UK-based provider of outsourced donation processing and fulfilment services for the not-for-profit market, has received a £6.5m investment from ISIS. The transaction enables the Management Buyout of the business from private vendors by existing shareholders Hamish Horton, CEO, and Martin Kirk, COO. Following the deal, the management team will own approximately [...]

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EpiTherapeutics Receives Additional Capital from Merck Serono Ventures

January 29, 2011

EpiTherapeutics, a Copenhagen, Denmark-based biopharmaceutical company developing innovative anti-cancer drugs in the field of epigenetics, recently received an additional investment from Merck Serono Ventures in an extension of its seed funding round. Merck Serono Ventures joined an investor group that includes Lundbeckfond Ventures, Novo Seeds, SEED Capital and OSI Pharmaceuticals Inc. This financing has brought [...]

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Nexstim Raises over €11M in Equity Financing

January 28, 2011

Nexstim Oy, an Helsinki, Finland-based medical device company commercializing noninvasive brain diagnostic and therapy technologies, has raised over €11m in equity financing. The round was led by new investor Lundbeckfond Ventures, with participation from new investor Ilmarinen Mutual Pension Insurance Company and existing shareholders HealthCap, LSP (Life Sciences Partners), Sitra and Finnish Industry Investment Ltd. [...]

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Plum District Receives $8.5M in Series A Funding

January 28, 2011

Plum District, a San Francisco, CA-based daily deal website devoted to savvy moms and their families, has received $8.5m in Series A funding. The round was led by Kleiner Perkins Caufield & Byers, with participation from General Catalyst Partners. In conjunction with the funding, Aileen Lee, KPCB partner, will join Plum District’s board. Plum District [...]

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Trustpilot Raises DKK5.5M in Venture Capital Funding

January 28, 2011

Trustpilot, an Åbyhøj, Denmark-based operator of a consumer website where users can gain an overview of companies’ customer satisfaction and contribute their own experiences, has raised DKK5,5m in venture capital funding. Investors include SEED Capital and the company’s existing shareholders. Trustpilot intends to use the funds to expand in Europe, primarily in the UK and [...]

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Alpine Closes 4th Fund at $260M

January 28, 2011

Alpine Investors, a San Francisco, CA-based private equity firm, closed its buy-out and growth mezzanine debt and equity funds, with $260m of total committed capital. A portion of the committed capital is in Alpine Investors IV SBIC, LP, an affiliate of Alpine Investors IV, which has committed debt financing from the U.S. Small Business Administration [...]

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Ryma Technology Solutions Receives Loan from MMV Financial

January 28, 2011

Ryma Technology Solutions, a Ville St-Laurent, Quebec, Canada-based provider of product investment management solutions, has received a follow-on loan of undisclosed amount from MMV Financial. The company intends to use the proceeds from the financing to execute its expansion plans over the coming years. Established in 2000 and led by President and CEO Rene Bellei, [...]

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Flex Biomedical Closes $866K Financing Round

January 28, 2011

Flex Biomedical, Inc., a Madison, WI-based biomedical company focused on developing novel treatments for orthopedic diseases, has closed an $866,000 financing round. Both new and existing investors participated in the round. Founded in 2007 and led by CEO Sal Braico, Flex Biomedical is developing innovative treatments for orthopedic diseases. The company’s lead product, the Flex [...]

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