REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Comnovo GmbH, a spin-off from the Communication Networks Institute at TU Dortmund, raised a seed financing round. The amount of the deal was not disclosed. Backers included High-Tech Gründerfonds and SeedCapital Dortmund. The company intends to use the funds for further development of the distribution network and the technology. Led by Dr. Andreas Lewandowski (CEO) […]
Creo Medical Ltd, a Chepstow, UK-based developer of innovative medical devices, closed a £3.5m funding round. The round was led by Finance Wales, angel investors and the Angel CoFund. The company, which has raised £7.9m to date, intends to use the funds for the continuing development of its (CROMA) platform to achieve regulatory approval for […]
Krones AG, a manufacturer of beverage filling and packaging technology, acquired a 51% stake in Till GmbH, a German company that develops systems for direct digital decoration of containers, for an undisclosed sum. The remaining 49% of the shares are held by the company’s founders, who will continue to play an active role in the […]
Lydia Solutions, a Paris, France-based mobile payments startup, raised €3.6m in a second funding round. Backers included XAnge Private Equity, Belcube and the family office of the Duval family. The company intends to use the funds to expand operations. Founded in 2013 by Cyril Chiche and Antoine Porte, Lydia Solutions provides a mobile payment app available on iOS […]
Spotcap, a Madrid, Spain-based online credit platform, recently secured €13m in funding. Backers included Access Industries, the industrial group controlled by Len Blavatnik, and Holtzbrinck Ventures. The company intends to use the funds to grow further in Spain and expand to other markets. Co-Founded in Madrid in September 2014 by Toby Triebel and Jens Woloszczak, Spotcap […]
The European Commission unveiled a €315 billion Investment Plan targeting additional support for infrastructure, education, research and innovation, renewable energy and SMEs and mid-caps. A new European Fund for Strategic Investments (EFSI) will be set up in partnership with the European Investment Bank EIB, built on a guarantee of € 16 billion from the EU […]
In the startup community, we often hear and read a lot about the entrepreneurial struggle — the daily difficulties and challenges facing those building companies. Rarely, however, do we hear about the other side of the equation — the investor struggle. Although it may appear that the life of an investor is a charmed one filled with great travel, […]
European Investment Fund (EIF) and Fondo Italiano d’Investimento (FII) signed a new agreement to support the development of Italian small and medium-sized enterprises (SMEs). The two institutions will co-invest between €500-600m in private equity and private debt funds (including those investing in the mini-bonds) that focus on Italian SMEs, and in venture capital funds that invest in […]
Appear Here, a London, UK-based online marketplace for retail space, raised $7.5m in new funding. The round was led by Balderton Capital, with participation from existing investors MMC, Forward and Meyer Bergman. The company, which had raised £1m in November 2013 (read here) intends to use the funds for international expansion in 2015, and further […]
CARsgen, a Shanghai, China-based developer of Chimeric Antigen Receptors T (CAR-T) cell immunotherapy to treat a variety of cancers, completed a series A financing of undisclosed amount. The round was led by BVCF, a China-based healthcare private equity fund. Led by Li Zonghai, M.D., Ph.D., CEO, CARsgen is an immunotherapy company focused on the development […]
SimilarWeb, a Tel-Aviv, Israel-based provider of a research platform that allows users to discover traffic insights for any website, raised $15m in Series D funding. Backers included Naspers and Lord David Alliance. Founded at 2009, SimilarWeb provides a web measurement and competitive intelligence platform that tracks Internet and mobile use in more than 200 countries. […]
Agorize, a Paris, France-based provider of open innovation challenges and talent engagement platforms, received €2m in second round of funding. Backers included Iris Capital and Capnamic Ventures. The company intends to use the funds to strengthen its commercial resources in Germany, Great Britain, North America and France. Founded in 2012 by Charles Thou, Yohann Melamed and […]
Ledbury, a Richmond, Virginia-based shirt-maker and social commerce company, received a major investment from Disruptor Capital. The amount of the transaction was not disclosed. In conjunction with it, Disruptor Capital’s CEO Pete Snyder will be joining the Ledbury Board of Directors. The company intends to use the capital to continue to grow operations. Led by […]
Moonit Labs, a New York City-based developer of social discovery apps, recently closed a $1.5m angel funding. Backers included unnamed both domestic and international private, high-net-worth angel investors and seed funds. The company intends to use the funds to expand its global presence. Led by CEO Mason Sexton, Moonit Labs is an app laboratory that […]
eBrevia, a Stamford, CT-based enterprise solution for automated contract review and analytics, raised $1.5m in seed funding. The round was led by Connecticut Innovations ($500k), with participation from The Mohegan Tribe of Indians of Connecticut and other private investors. Founded by CEO Ned Gannon, Adam Nguyen and Jacob Mundt in 2011, eBrevia has developed machine learning technology that aims to […]