REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
m2p-labs, a Baesweiler, Germany-based provider of innovative screening and fermentation technologies for the pharmaceutical, biotechnical and chemical industries, has received an investment of undisclosed amount. Backers include the Seed Fund for the Region of Aachen GmbH & Co. KG, the KfW with the ERP Start-Up Fund and the High-Tech-Gründerfonds, as well as two private investors. […]
Saygent, a Mountain View, CA-based start up that is developing a crowdsourcing-powered automated voice response & analysis platform, recently raised $1m in seed funding. Investors include 500 Startups, Ty Danco, Juvo Capital, Innovation Endeavors, Kima Ventures, Kapor Capital, PG Ventures, Orefa Investment, and Matthew Grodin. The company also intends to use the funds to increase […]
Eli Lilly and Company (NYSE:LLY), Care Capital, NovaQuest Capital formed BioCritica Inc., a Central Indiana-based biotechnology company. BioCritica will initially focus on the continued U.S. development and commercialization of Xigris® (drotrecogin alfa (activated)), Lilly’s medicine for the treatment of severe sepsis. As part of a licensing agreement, the company will acquire the U.S. development and […]
July Systems, a global mobile media company, has received a follow-on investment of undisclosed amount from Intel Capital. The company intends to use the proceeds to invest in in technology, operations and expand its team. July Systems developed a cloud-based mobile platform that is designed to allow customers worldwide to build, manage, market and monetize […]
Airbnb, a community marketplace to list, discover, and book spaces around the world, raised an undisclosed amount of funding from actor and angel investor Ashton Kutcher. Kutcher will join the company as a strategic advisor. The company had raised $7.2m from Sequoia Capital and Greylock Partners in November 2010 (read here). The investment will enable Airbnb to […]
Mesh Systems LLC, a Carmel, IN-based wireless machine-to-machine (M2M) application and platform service provider, closed a $2.5m Series B financing. Investors weren’t disclosed. The company intends to use the funds to continue to develop its wireless machine-to-machine (M2M) hardware, software and service solution, expand its executive and engineering teams and pursue additional high-growth sectors. Led […]
Activation Media, a New York-based developer of an interactive entertainment platform, closed a seed funding of undisclosed amount from a group of private investors. The company intends to use the funds to continue to develop its platform. Founded by former Time Warner executive Rohit Pursram, CEO, and producer, former Warner Bros executive and serial media […]
Yen Viet Joint Stock Company, a Vietnamese consumer goods firm that sells bird’s nest nutritional products, has received a minority investment of undisclosed amount from VinaCapital Vietnam Opportunity Fund Limited. Yen Viet intends to use the proceeds to strengthen its distribution channels, production capability and product development. The company will also examine the chance of […]
MobileIron, a Mountain View, CA-based provider of enterprise management and security solutions from mobile devices and apps, has closed a $20m Series D growth financing round. Investors include existing shareholders Foundation Capital, Norwest Venture Partners, Sequoia Capital and Storm Ventures. The company intends to use the funds to accelerate initiatives for existing and emerging mobile […]
iNovia Capital, the Business Development Bank of Canada and BlackBerry Partners Fund have launched a Vancouver- and San Francisco-based accelerator program. A “startup boot camp” for entrepreneurs, GrowLab will provide companies with up to $25,000 in seed funding, four months of mentorship, free office space and the opportunity to pitch investors for follow-on funding. The […]
Gamesa, a Spanish leader in the design, manufacture, installation and maintenance of wind turbines, has launched a €50m corporate venture capital (CVC) fund. The new vehicle focuses on buying stakes, initially minority holdings, in start-up or growth companies involved in the development of promising technologies including wave and next generation photovoltaic energies, energy storage, green […]
Yatra.com, a Gurgaon, India-based online travel company, recently received a follow-on investment of undisclosed amount from Intel Capital. The company is using the proceeds from the financing to accelerate its growth plans by increasing sales and marketing efforts, expanding its hotels and holydays business and making strategic acquisitions. Launched in 2006, Yatra.com is today considered […]
zozi, a San Francisco, CA-based web site that focuses on deals for experiences and local activities, has raised $7m in Series B funding. The round was led by inside investors, with participation from LaunchCapital, the Pritzker/Vlock Family Office, 500Startups, ZIG Capital, Thomas & Peter Lehrman, David Tisch and others. This capital brings the total amount […]
Distribuidora Mexicana de Agua Purificada en Red S.A.P.I. de C.V., a Mexico City-based business that delivers clean, purified water directly to its low-income clients’ homes utilizing its wholly owned water grid, has received a MX$27.0m (approximately US$2.4m) investment from IGNIA Fund I, LP. The funding will help the company to expand food-grade quality water grids […]
fring, a Tel Aviv, Israel-based communication service that gives users internet-rich communication from their mobile phones, closed a Series C financing round of undisclosed amount. Investors include North Bridge Venture Capital, Pitango Venture Capital and Veritas Venture Partners. The company intends to use the funds to expand its suite to new devices and segments of […]