REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
The EQT Infrastructure Fund will acquire all of the share capital in Göteborg-Sweden-based Swedegas from the existing four owners E.ON Ruhrgas, Statoil, DONG Energy and Fortum. Swedegas owns and operates the largest part of the Swedish high-pressure gas transmission network with a total length of 390 kilometers, located in southern and western Sweden. The company, […]
Liquidia Technologies, Inc., a Research Triangle Park, North Carolina-based nanotechnology company, will receive approximately $3m in funding from the U.S. Commerce Department’s National Institute of Standards and Technology (NIST). The award will be used to further develop and scale-up its novel technology known as the PRINT platform. The PRINT manufacturing process uses a proprietary method […]
Plurality Ltd., a Netanya, Israel-based developer of advanced manycore processor solutions, has secured a $12m second round of investment from Japanese investors. This round brings the total amount of equity capital the company has raised to date to $20m. The new funds will be used for the planned expansion of operation in Asia and North […]
Regado Biosciences, Inc., a Basking Ridge, NJ-based company focusing on a new therapeutic technology applied to injectable antithrombotics, announced the completion of a $40m Series D financing. The round was led by new investor, Edmond de Rothschild Investment Partners, part of The LCF Rothschild Group, with participation from existing investors Domain Associates, Quaker Bioventures, Aurora […]
SonicMule, Inc. a Palo Alto, CA-based developer of interactive sonic applications for the iPhone, announced that it has secured $8m in third round of funding. The round was led by new investor Shasta Ventures, with participation from existing investors Bessemer Venture Partners and Granite Ventures. Founded in 2008, the company obtained $1.6m in its seed […]
Private equity investor Sentica Partners has acquired the majority of the shares in Tampere, Finland-based health care service provider Pihlajalinna Oy. Founded in 2001, the company today employs some 300 general practitioners, specialists, nurses and other health care professionals to provide medical centre services, occupational health care, consultant services, outsourcing basic health care for towns […]
Demeter Partners, a Paris-based independent management company, announced the final closing of its second fund Demeter 2, which closed its subscription period on December 15th, 2009 at €203m. Demeter 2 was launched on November 18th, 2008 with an objective of €200m and a first closing at €125m. Investors in the fund include 2 sponsors (CDC […]
Zulily, a Seattle, WA-based online members-only store offering products “for kids, babies and moms”, has received a $4.6m equity investment from by Maveron LLC. The company will use the funds to create a significant online retail e-commerce business. Zulily is led by Blue Nile veterans Darrell Cavens and Mark Vadon. Cavens, who most recently spent […]
RepairPal, an Emeryville, CA-based provider of auto repair and maintenance information via web and iPhone, announced the completion of its $4m Series A financing. The round was led by Tugboat Ventures, with participation from Rick Keister, former CEO of Keystone Automotive Industries and former President of Aftermarket at Delco Remy, David Strohm, Partner at Greylock […]
StreamLink Software, a Cleveland-OH-based provider of nonprofit software management systems, raised $600,000 in a Series A round of funding. The round was led by the North Coast Angel Fund and complements a $100,000 Innovation Fund grant from the Lorain County Community College Foundation that was awarded in September. The new funds will enable the company […]
Carbon Hub Ltd, a London, UK-based developer of a carbon reduction web serivce, has closed its €1m first financing round from Seventure Partners, a subsidiary of Natixis Private Equity, and unnamed business angels. The company provides companies and public sector organisations with software solutions to measure, manage, and mitigate their greenhouse gas (GHG) emissions and […]
The European Investment Fund (EIF) has chosen Swedbank to manage the Funded Risk Sharing Instrument established to provide loans for Latvian SMEs within the framework of the JEREMIE initiative. JEREMIE (Joint European Resources for Micro to Medium Enterprises) is the joint initiative launched by the European Commission and the European Investment Bank group that enables […]
A new £5m funding to help London small and medium sized enterprises (SMEs) succeed in overseas markets is available. The support, which will be provided by the London Development Agency (LDA) through the European Regional Development Fund (ERDF), aims to help at least 400 companies achieve significant sales in new markets, as well as create […]
The £125m “super fund” for North East’s businesses launches. Within the framework of JEREMIE, the Joint European Resources for Micro to Medium Enterprises Initiative launched by the European Commission and the European Investment Bank group to enable the EU Member States and Regions to put money from the structural funds and also national resources into […]
The UK Government will continue to guarantee business loans for another year. Between April 2010 and March 2011, the Enterprise Finance Guarantee (EFG) facility will support up to £500m of bank loans to businesses which lack the security or track record to obtain commercial lending. The scheme is available for firms with an annual turnover […]