REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Private equity investor CapMan Russia has closed its latest fund, at €99.1m. CapMan Russia II invests in fast growing small and mid-sized companies (SMEs) in Russia serving Russia’s large middle class, such as consumer goods and services, e-commerce, home improvement, business services and private healthcare. The CapMan Russia II fund has already made two investments. Part of […]
Qubit, a London, UK-based ecommerce technology company, raised $26m Series B funding. The round was led by Accel Partners, with participation from existing investor Balderton Capital and Salesforce Ventures. In conjunction with the funding, Bruce Golden, an early investor in NASDAQ-listed companies such as Qliktech, Comscore and Responsys, will join Qubit’s board. The company intends […]
Xinrong Best Medical Instrument Co., a Zhangjiagnag, China-based maker of orthopedic implants, raised a significant investment from Blackstone (NYSE:BX). The company will use the proceeds to scale the business. Founded in 2000 and led by Zhenglin Ding, Xinrong manufactures orthopedic implants for trauma, spine, and joint applications. The company has the ISO9001:2000 and ISO 13485:2003 Quality System Authentication certificate and CE Authentication and […]
Sponsor Capital, a Finnish private equity investor, raised a new fund of €200m. Limited partners in Sponsor Fund IV include both Finnish and international institutions. The fund will make majority investments in Finnish medium sized companies with a net sales typically in the range of €15–€150m. Led by Kaj Hägglund, Managing Partner, and newly joined […]
Pulmologix, a Stockholm, Sweden-based developer of a new oral non-steroidal anti-asthmatic drug, raised €9.6M in Series B funding. The round was led by Novo Seeds and Sunstone Capital with participation from previous investors Forbion Capital Partners and HealthCap. In conjunction with the funding, Bobby Soni, Investment Director of Novo Seeds and Andreas Segerros of Sunstone joined Pulmologix’ Board […]
Sense.ly, a San Francisco, CA-based provider of a “virtual nurse” solution, raised $1.25m in seed funding. The company intends to use the funds to continue to build out products, further expand the team, and broaden the customer base. Co-founded by Adam Odessky, CEO, and Ivana Schnur, MD/PhD, Chief Medical Officer, and incubated within Orange SA, […]
Huy Vietnam Group Limited, a Vietnam-based large operator of self-managed, local Vietnamese food restaurants, secured US$15.0m in a Series B round of equity financing. Backers included New Asia Partners, AIF Capital and Fortress Capital. The company intends to use the funds for network expansion in Ho Chi Minh City and Hanoi. Launched in 2007 by […]
Maven Capital Partners and Spirit Capital sold their holding in Adler and Allan, a Harrogate, UK-based environmental services business, via a secondary buy-out funded by LDC for an undisclosed sum. LDC has taken a significant minority stake in the company, with the backing of senior debt facilities from HSBC. The investment will support the organic […]
Akeneo, a Nantes, France-based developer of open-source software, raised $2.4m in funding. Venture capital firm Alven Capital made the investment joining previous backers Kima Ventures and Nestadio Capital. The company intends to use the funds to strengthen its France-based-based technical teams to develop its solutions and expand in Germany and the USA. Created in 2013 […]
Spor, a Philadelphia, PA-based developer of a mobile solar solution for charging electronic devices, raised $200k in angel funding. According to reports (read here), angel investor Francis Wisniewski made the investment. The company had raised $112,408 from 1,439 backers via Kickstarter (read here) in June 2014. Led by Jason Browne, Founder and CEO, Spor is […]
Blackhawk Network (NASDAQ: HAWK and HAWKB), a prepaid and payments network, will acquire Parago, Inc., a Dallas, Texas-based provider of global incentive and engagement solutions, for approximately $290m. The acquisition is aimed to add significant capabilities to Blackhawk’s incentive solutions business. Parago will operate as a subsidiary of Blackhawk Network. Led by Juli Spottiswood, president […]
Club Italia Investimenti 2, an Italian pre-seed firm backing startups incubated within partnering accelerators across the country, has made additional investments. Operations closed during the latest months include: – Lumi Industries, which develops 3D printing solutions; – GoodAppetito, which operates an online platform that suggests recipes based on discounted grocery products; – Regalister, a mobile […]
Advicent Solutions acquired Figlo, a Rotterdam, Netherlands-based company that develops software to increase real-time communication and collaboration between financial advisors and clients. The acquisition, whose amount was not disclosed, aims to expand Advicent’s presence into new global markets and enhance its NaviPlan® and Profiles™ products with client facing modules. A portfolio company of Vista Equity Partners, […]
According to reports (read here), Nubank, a Sao Paulo, Brazil-based financial services startup, raised $14.3m in Series A funding. The round was led by Sequoia Capital with participation from Kaszek Ventures. The company intends to use the funds to launch its solutions and expand operations. Founded in 2013 by David Velez, Nubank is a technology-driven financial services […]
BackupAgent, a Delft, the Netherlands-based provider of a cloud backup platform for small and medium businesses, was recently acquired by Acronis, a global data protection leader. The terms of the deal were not disclosed. Founded in 2005 by Roland Sars and Robbert van Geldrop, BackupAgent is a global cloud backup vendor working with over 900 […]