REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
MotorExchange, a New Delhi-based online platform where sellers and buyers can transact used vehicles, closed a Series A round of Venture Capital funding from Canaan Partners. The funds will enable the company to accelerate growth in order to build India’s largest used vehicle exchange aimed at providing the most efficient price in defined timelines to […]
FieldView Solutions, an Edison, NJ-based enterprise software company, has raised $2.75m in Series A financing from SJF Ventures led with Milestone Venture Partners and Osage Partners also participating in the round. The company provides data center managers with a solution to enhance capacity planning, energy management, and risk mitigation for critical assets. Its customers include […]
Optony Inc., a Santa Clara, CA-based provider of solar power deployment services and thin film photovoltaic technology, has closed $6M in financing. The proceeds will be used to accelerate the company’s technology development and expand its services, to cover both the United States and China. Optony, which has offices in Thornton, CO, and Beijing, China, […]
Spartan Foods of America, Inc., a Spartanburg, South Carolina-based manufacturer and distributor of Mama Mary’s Gourmet Pizza Crusts and Mystic Pizza branded frozen pizzas, has been acquired by Linsalata Capital Partners. The acquistion was supported by Golub Capital, a provider of financing solutions for the middle market with offices in Chicago, New York and Atlanta, […]
Extream Ventures, a Singapore-based venture capital firm, has secured commitments to set up an early stage fund focused on supporting local companies developing emerging technologies. According to reports, German Georgieff Capital and US-based ART Texas Capital committed S$20m (US$14m) to the vehicle, which will invest in start ups operating in the areas of emerging technologies. […]
BridgeCo Inc., a El Segundo, CA-based provider of network media processors and related software, middleware and software design kit (SDK) solutions for enabling network and internet connectivity for consumer electronics, raised $7.5m in equity funding. The round of financing was led by existing investor Earlybird Venture Capital and private investor, Christian Wenger, along with a […]
Ceram Hyd S.A. an Avon, France-based developer and manufacturer of special ceramic membranes for electrolytic hydrogen production, has secured a Series A financing from RWE Innogy. The new funds will be used to invest in a new laboratory, a prototype production facility and the first field multi kW electrolysers. As part of the round, Dr […]
Artfact, LLC, an online marketplace of fine and decorative arts, antiques, collectibles, and estate auctions, closed a $13m growth capital financing provided by Commonwealth Capital Ventures and Ascent Venture Partners. The funds will be used to expand product development, marketing, and sales efforts, as well as facilitate the simultaneous merger with Auctionzip, a directory of […]
Tioga Energy, Inc., a San Mateo, CA-based supplier of renewable energy services to commercial, government, and non-profit institutions, has completed $20m of an initial closing of its Series B financing round. Investors in this financing included MEMC Electronic Materials (NYSE:WFR), NGEN Partners, Nth Power and Draper Fisher Jurvetson. As confirmed by Paul Detering, CEO of […]
A new fund focused on boosting the economic and environmental development in Southeast Europe has been established. The €95m Southeast Europe Energy Efficiency Fund (SE4F) will invest in energy efficiency and renewable energy projects especially undertaken by small and medium-sized enterprises (SMEs) and households in Albania, Bosnia-Herzegovina, Croatia, FYR Macedonia, Montenegro, Serbia and Turkey. The […]
Viper Subsea Ltd, a Portishead, UK-based company providing engineering services and products into the oil and gas industry, has received a £134,000 Grant for Research and Development from the South West Regional Development Agency. The company, which is develping a new product to help recover oil and gas from water depths, will use the funds […]
The European Bank for Reconstruction and Development (EBRD) has sold its minority share ownership in six life assurance and pensions companies in central and eastern Europe, subsidiaries of AXA Group. The Bank is exiting from AXA Zycie and AXA PTE in Poland, AXA Penzijni and AXA Zivotni in Czech Republic, AXA Biztosito and AXA Magyarorszag […]
COFIDES, the Spanish company that provides medium and long term financial support for viable private direct investment projects located in foreign countries, has extended a €500,000 joint-venture loan to the British subsidiary of the Catalonian Group Equity Point. The €2m project developed by Equity Point in UK consists on the establishment and management of a […]
MASTERIMAGE Co., Ltd, a Korean maker of Theatrical, Display and Mobile 3D imaging systems, has been acquired by US based Symphony 3D Holdings. MASTERIMAGE provides 3D industry solutions that cross a variety of platforms including stereoscopic and auto-stereoscopic products for mobile devices, theatre systems, medical imaging and the plasma and LCD display markets. The new […]
Inertia Beverage Group (IBG), a Napa, CA-based technology provider for the wine industry, has secured $14m in new capital from existing investors Allegis Capital and Sid R. Bass Associates, and new investors, including PEI Funds. IBG provides wineries, retailers and wholesalers with eCommerce technology, compliance tools, logistics solutions and shipping services. The new funds will […]