REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Private equity firm Court Square Capital Partners has acquired Physiotherapy Associates, an Exton, Pennsylvania-based provider of outpatient rehabilitation services, from Water Street Healthcare Partners and Wind Point Partners. The amount of the transaction was not disclosed. Water Street and Wind Point Partners partnered to form Physiotherapy Associates in 2007. They merged their two companies, Benchmark […]
YogiPlay, a Menlo Park, CA-based developer and provider of a mobile application platform for families, has raised $1.0m in seed funding. Backers include DN Capital and Richmond Park Partners. Started by Cedric and Michal Sellin, the company will offers a personalized mobile apps platform designed specifically for families with children ages 3 to 8 years […]
Wizpert, a NYC-based startup that provides users with access to experts on a wide range of topics, is to receive a minumun $50k in funding as a participant of the WellTech incubator. The company will also receive industry expertise and networking, office space, mentoring and marketing support. Founded in 2011 and backed by New York […]
Captronic Systems, a Bangalore, India-based company that specializes in the design and development of Custom Automated Test Equipments, Data Acquisition and Control Systems, has raised €2.5m in funding. Axon Capital has made the investment through its India Opportunities fund. Captronic Systems provides custom-built Automated Test Equipment (ATEs), Automation & Data Acquisition services for aerospace & […]
InsightsOne, a Santa Clara, CA-based provider of cloud-based predictive analytics solutions enabled by big data, has closed a $4.3m Series A round of venture financing. The round was led by Norwest Venture Partners. The company intends to use the capital to grow its executive team and expand its sales, marketing and product development efforts. In […]
MaRS Discovery District, a mission-driven innovation centre located in Toronto, has launched a $30m early-stage cleantech venture fund dedicated to Canada. The MaRS Cleantech Fund LP will co-invest with angels and other institutional funds, including the Investment Accelerator Fund (IAF), Ontario’s seed stage investment fund. The Fund managers, Dr. Tom Rand www.tomrand.net and Murray McCaig, […]
The newly launched Merck Lumira Biosciences Fund has held its first closing at $43m. The investment vehicle was establised by Global health care leader Merck (which has made a $35m investment) in collaboration with Lumira Capital, Teralys Capital and other partners. The fund, which is targeting $50m, will provide capital to support early stage life […]
FITiST, a NYC-based provider of one-stop access to boutique studios, will receive a minimum $50k in funding as participants in WellTech, a new health and wellness-focused incubator. The capital will help the company expand to other cities nationwide in the near future. Currently in beta in New York City and Los Angeles, FITiST allows members to create their […]
Sientra, a Santa Barbara, CA-based medical device company focused on the aesthetic and plastic surgery markets, has closed a $65m Series C financing. The round was led by Abingworth, with participation by Clarus Ventures, OrbiMed Advisors and all other insiders. This investment brings the total equity capital raised by the company to $151m. Sientra intends […]
Private equity firm LDC has completed an investment of undisclosed amount to support the management buyout of Airline Services. Established more than 25 years ago and led by CEO Bryan Bodek, Airline Services provides maintenance, repair and overhaul services to more than 100 airlines and aviation businesses in the UK and internationally. The group’s Workshop […]
Loyola University Maryland has launched a new business accelerator to be located in the Govans community in North Baltimore, just east of the North Charles Street campus. The project is in partnership with Wasabi Ventures, a California-based venture capital firm with a presence in Baltimore, which will provide professional staff to manage the accelerator, funding […]
A health and wellness-focused incubator has been launched in NYC to support startups and companies that use technology to create new, consumer-facing health and wellness solutions. Financed by Jubilee Investments and founded by Pete Ellis, and investors and executives behind SpaFinder, Inc., a spa and wellness resource, and GramercyOne, a provider of cloud-based business management […]
Promethera Biosciences, a Mont-Saint-Guibert, Belgium-based cell therapy company operating in the field of liver diseases, has raised €23.6m (approximately $31.4m) in Series B funding. The company secured a capital increase of €17m and a loan of €6.6m from the Walloon Region. Backers include new investors Boehringer Ingelheim (http://www.boehringer-ingelheim-venture.com) and Shire, Japanese investment fund Mitsui Global […]
DecaWave, a Dublin, Ireland-based fabless semiconductor company, has raised €6m in funding. Backers include private investors in the US and Europe. The company has also announced ex-Intel VP Jim O’Hara as Chairman of the company. O’Hara is former Vice President of Intel Corporation and General Manager of Intel Ireland, where he was responsible for Intel’s […]
Private investment firm Southfield Capital has acquired majority ownership of medical communications and marketing agency BioPharm Communications, for an undisclosed consideration. Abacus Finance Group provided the senior debt financing, and Boathouse Capital and CMS Mezzanine provided the subordinated debt financing. The investment is designed to help the company grow organically and through acquisitions. Following the acquisition, […]