fundingUSAventure capital

Daktari Diagnostics Inc., a Cambridge, Mass.-based developer of point-of-care diagnostic systems for global health applications, has raised $10m in financing. The round was led by Merck Global Health Innovation Fund, with participation from current investors Norwich Ventures and the Partners Innovation Fund. The company intends to use the funds to complete development and bring to […]

fundingStart UpUSAventure capital

Cool Planet BioFuels, Inc. a Camarillo, CA-based developer of a bio based renewable, reduced carbon gasoline that can be blended with conventional gasoline and used in today’s vehicles, has closed its Series C funding. The round was led by Shea Ventures, with participation from BP Technology Ventures, and existing investors General Electric, Google Ventures, ConocoPhillips, […]

fundingStart UpUSAventure capital

Clear Catheter Systems, Inc., a Bend, Oregon-based developer of medical devices used in post surgical recovery, has closed its $4m first institutional round of financing. The round was co-led by Aphelion Capital and California Technology Ventures, with participation from Research Corporation Technologies. In conjunction with the funding, Ned Scheetz, of Aphelion Capital and Alex Suh, […]

fundingItalyStart Upventure capital

Cibando, an Italian developer of an iPhone app for finding restaurants, has raised an undisclosed amount of seed funding. The round was led by German Point Nine Capital, with participation from angel investor and entrepreneur Fabio Pezzotti. The company intends to use the funding to grow and further expand its service to new restaurant owners. […]

middle market companiesPrivate EquitySwitzerland

Funds advised by Apax Partners are to acquire 100% of mobile phone operator Orange Switzerland from France Telecom Orange for approximately CHF2bn (€1.6bn). The transaction, which is still subject to the approval of the Swiss competition authorities, will be submitted to France Telecom’s Board of Directors for approval during January 2012. Orange Switzerland has about […]

fundingUSAventure capital

PharmacoFore, a San Carlos, CA-based biopharmaceutical company, has raised $10m in equity funding from Founders Fund. The company intends to use the new capital to advance its pipeline (read here) to regulatory approval and commercialization. Led by CEO Wes Sterman, PharmacoFore uses innovative synthetic organic chemistry to create novel medicines for treating a variety of […]

Brazilmiddle market companiesPrivate Equity

Global private equity firm 3i is to make an R$100m (approximately US$55m) minority investment in Blue Interactive Group, a Brazilian cable TV and broadband provider. Formed by CEO Silvia de Jesus, Marcelo Lacerda and Sérgio Pretto in 2009 as an acquisition platform in the pay TV and broadband markets, the company is currently present in 9 Brazilian states and […]

fundingItalymiddle market companiesPrivate Equityventure capital

Fondo Italiano di Investimento has recently invested in two funds. The first commitment is in investment firm NEIP III SpA, advised by Finint & Partners Srl, which focuses on investing in family businesses, mainly SMEs, operating in the North-East of the country (Emilia Romagna, Veneto, Friuli-Venezia Giulia, and Trentino-Alto Adige regions). The second commitment is […]

Italymiddle market companiesPrivate Equity

Elco SpA, a Carsoli, Aquila, Italy-based a manufacturer of printed circuits for electronic systems, has received a €5m equity investment from Fondo Italiano di Investimento. Fondo Italiano is acquiring a minority stake in the company. Elco intends to use the proceeds to grow organically, with the development of its European facilities, and through acquistions of […]

fundingStart UpUSAventure capital

Mu Sigma, a Chicago, IL-based provider of analytics and decision support services for global enterprise customers, has closed a $108m funding. The round was led by General Atlantic, with participation from existing investor Sequoia Capital (read here), which has increased its stake. The company intends to use the funds to accelerate its growth in the […]

fundingUSAventure capital

Medrobotics Corporation, a Boston, MA-based robotic snake technology developer, recently closed a $11.7m Series C funding. Backers include new angel investors and The Pittsburgh Life Sciences Greenhouse. This investment brings the total amount raised by the company to date to $28.3m. Founded by Howie Choset, Ph.D., Marco A. Zenati, M.D., and Alon Wolf, Ph.D. as […]

fundingItalyventure capital

Zeis Excelsa SpA, a Montegranaro, Italy-based shoe and apparel manufacturer and supplier, has received a €20 investment from Fondo Italiano di Investimento. Fondo Italiano will acquire a minority stake in the company through a capital increase and a convertible loan. Founded in 1948 by the Pizzuti family and led by CEO Maurizio Pizzuti, Zeis manufactures […]

middle market companiesNorwayPrivate Equity

Ventelo, a Fornebu (Oslo), Norway-based data and telecom provider, has been acquired by EQT VI for an equity value of up to NOK 1,800m. Sellers include BKK, Troms Kraft, Agder Energi, NTE, Eidsiva Bredbånd and Altibox. The investment, which is still subject to approval from the Norwegian Competition Authority, is expected to help the company […]


Tres Amigas LLC, a Santa Fe, NM, U.S.-based national grid interconnection project known as the Tres Amigas SuperStation, has recevied a $12m equity investment from global trading, IT and industrial infrastructure services company Mitsui & Co., Ltd. Mitsui will partner with Tres Amigas to further internationalize their “Smart Green Information Technology” business model, which includes Smart […]