REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Maveron, a venture capital firm that invests in consumer businesses, will increase its focus on seed funding. The firm aims to make at least one seed investment per month in amounts ranging from $100k to $250k focusing on early-stage consumer businesses with technology-enabled products and services in commerce, education, and health and wellness. Commenting on […]
Fanzy, a Paris and San Francisco-based provider of a Saas social loyalty platform, raised an additional $550k in seed funding. Backers included Kima Ventures, Start Capital and OREFA, the investment fund of Jacques-Antoine Granjon, the founder of Vente-Privee. The company intends to use this capital, which brings the total amount to date to over $1.5m, […]
Nano-C, Inc., a Westwood, Massachusetts-based developer of nanostructured carbon for use in energy and electronics applications, received a growth financing of undisclosed amount. The investment was led by Fontinalis Partners, with participation from existing investors. Founded in 2001 and led by Viktor Vejins, President and CEO, Nano-C develops and manufactures carbon fullerenes, single-walled carbon nanotubes […]
GiveGab, an Ithaca, NY-based social network for volunteers, closed on $1.5m of Series A funding. The round was led by Cayuga Venture Fund, with participation from Great Oaks Venture Capital, Rand Capital SBIC and Excell Partners. The company intends to use the capital to expand the website’s capabilities and business development efforts, including the launch […]
Blume Distillation, a Santa Cruz, CA-based provider of bioethanol production equipment, raised $2.2m in Series A financing. The round included unnamed angel and impact investors. The company intends to use the capital to assemble its system. Led by David Blume, Founder and Chief Technical Officer, and Ryan Sarnataro, CEO, Blume Distillation develops and acquires intellectual […]
Vantrix, a Montreal, Canada-based provider of message and video bandwidth optimization solutions for carriers, ISPs and enterprises, closed a a $4.5m venture loan from NXT Capital. The company intends to use the capital for strategic growth initiatives. Led by Jim Knapik, Chief Executive Officer, Vantrix provides bandwidth optimization platforms designed to help carriers, ISPs and […]
Moovweb, a San Francisco, CA-based provider of business agility solutions to go mobile, received a $16m first financing. Backers include Jafco Ventures and Trinity Ventures and existing investor Andy Bechtolsheim. Led by founder and CEO Ajay Kapur, Moovweb provides developers, design agencies and systems integrators with a cloud-based platform that offers a set of tools to […]
Demandbase, Inc., a San Francisco, CA-based targeting and personalization platform for B2B, closed a $15m financing. The round was led by Scale Venture Partners, with participation from existing investors Sigma Partners, Altos Ventures, Costanoa Ventures, Sutter Hill Ventures and Adobe Systems (NASDAQ:ADBE). In conjunction with the funding, Stacey Bishop from Scale Venture Partners will join […]
Pricing Engine, a NYC-based startup that provides a solution that helps small businesses manage and improve their online ad results, is raising $1.5m in Series A funding. Backers incude David Liu, founder and CEO of XO Group is committing $1m. Led by Jeremy Kagan, founder and CEO, Pricing Engine was built for businesses that don’t […]
Validus IVC Ltd, a Norwich, UK-based specialist in claims management and counter fraud software services for the motor insurance industry, received a £12m investment. Private equity firm LDC backed Validus’ existing management team, which is led by CEO Mike Srokowski in the buy-out of the company. In conjunction with the investment, LDC’s Paul Figgins will […]
Bina Technologies, a Redwood City, CA-based developer of genomic big data science platform, closed a $6.25m Series B financing. The round led by Sierra Ventures. The company intends to use the funds to expand their development, marketing, sales and support teams. Founded in 2011 by Narges Bani Asadi, CEO, Bina provides a big data science […]
Instituto de Crédito Oficial, a state-owned bank attached to the Ministry of Economic Affairs and Competitiveness, has launched a monstre public venture capital fund of funds in Spain. With an investment of €1.2bn, FOND-ICO Global will aim to promote the creation of privately managed venture capital funds, making investments in Spanish companies at all stages of […]
Cleantech vc firm Terra Venture Partners LP held the first close of its second fund at $20m. Partners include a US-based PE firm, existing Italian investors, and a Brazilian bank. The fund, which aims to close the fund at $50m, will focus on investing in cleantech startups, energy, water, software and mobile technologies with a […]
ANF Technology, a Tallinn, Estonia-based maker of an aluminum oxide nano fiber, raised about $10m in third round of funding. Backers in the round – arranged by FPI Innovation Fund LP – included the venture capital division of a major family office. The funding, which is divided into two tranches of €2m and €8m, provide […]
EmiSense Technologies, LLC, a California and Utah-based company that develops smart sensors for clean emissions, closed its US$6.5m third round of funding. The round was led by strategic investor 9th Street Investments. The company intends to use the capital to launch products, continue research and development, and support validation testing with global customers. Founded in […]