REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Intercept Pharmaceuticals, Inc., a New York-based clinical stage biopharmaceutical company developing novel therapeutics for chronic fibrotic and metabolic diseases, completed a $25m Preferred Series B financing by its majority shareholder Genextra S.p.A. The company’s most advanced programs are focused on the development of modified bile acids that are selective for FXR, a nuclear receptor, and […]
Mimecast, a London, UK-based provider of a SaaS-based enterprise email management system, has received £13m (approximately $21m) in Series B financing from venture capital firms Index Ventures and Dawn Capital. The company plans to use the funding to increase research and development initiatives and continue to build its market presence. As stated by Mimecast CEO […]
crealytics GmbH, a Passau, Germany-located performance search marketing company, has received an undisclosed amounf of funding from High-Tech Gründerfonds, which led the round, Bayern Kapital and Chancenkapital Biberach. The company, which was founded by Andreas Reiffen and Christof König, supports its customers by making the search engine marketing more user-friendly and more profitable. As a […]
WealthTouch, Inc., a Denver, CO-based financial reporting platform for high net worth families, family offices and their trusted advisors, has received $11m in capital from international private investors. The new funds will be used to accelerate the company’s expansion in response to increased client demand and tremendous growth. The majority of this investment comes from […]
Cymbet Corporation, an Elk River, MN-based developer of solid-state energy storage technology, completed the final phase of its third round of private equity financing, raising $31m. The round was co-led by Perseus, L.L.C., and Intel Capital, with participation from new investor Texas Instruments and existing investors Bekaert N.V., Helmet Capital, Cedar Point Capital, The Dow […]
Deutsche Bank’s Global Transaction Banking division has acquired an 8% equity stake in Eurogiro A/S, a Taastrup, Denmark-based global payments network and community focused on connecting the world’s postal organizations, post banks, banks and other financial institutions. Deutsche Bank has been engaged with Eurogiro for over 10 years providing its members with US settlement services. […]
Jiangsu Chuangzhou CTC Technical Fabrics, Co., LTD., a Chinese domestic producer of glass fiber fabrics that are used primarily in the wind energy market and also in the building of trains, ships and sporting goods, closed its first round of equity financing. The round was led by WI Harper Group, with participation from Shenzhen Capital […]
iSoftStone Holdings Limited, a Beijing, China-based provider of IT and Business Process Outsourcing Services to clients in China and globally, has closed an undisclosed round of growth financing. The round was led by Everbright Private Equity, the private equity arm of China Everbright Limited (Everbright, HKSE: 0165), a red-chip financial conglomerate listed on the Hong […]
Bain Capital, a global private investment firm, announcing the signing of a definitive agreement to acquire Higa Industries Co., Ltd., the master franchisee of Domino’s Pizza in Japan. Bain Capital will acquire the company from its three current shareholders Duskin Co., Ltd., Daiwa SMBC Capital, and Ernest M. Higa, the company’s founder and CEO. Domino’s […]
In one of the largest clean tech investments in history, Better Place, a Palo Alto, CA-based electric vehicle services provider, has signed an agreement with an HSBC led investor consortium for a $350m Series B equity financing. Investors in the round include new investors HSBC, which led the round with an investment of $125m and […]
SciEngines GmbH, a Kiel, Germany, provider of a new platform for high performance computing, has received an undisclosed investment from High-Tech Gründerfonds and New Commercial Room. By using a massively parallel field-programmable gate array (FPGA) based architecture, SciEngines enables its customers, including end users, bioinformatics service and solution providers, to use the computational performance of […]
Hello Music, LLC, a Los Angeles, CA-based digital music company dedicated to connecting talented musicians with career opportunities, has received $4m in private equity financing from KVG Partners. In conjunction with the round, Dick Kiphart, the lead investor in KVG, principle at William Blair and Company, and president and CEO of The Lyric Opera of […]
After closing private fund raising, BaltCap Management Latvia has signed an agreement with the European Investment Fund on the establishment of a €30m venture capital fund under the JEREMIE initiative. The fund will provide start-up and expansion financing to companies with established operations and growth potential taking equity stakes between €0.3-3m with the aim to […]
Celsius X VI II, a Paris, France-based luxury mobile phone maker, has received €3,3m in equity funding from venture capital firms. The round was led by Sofinnova Partners, with participation from AGF Private Equity and other private investors. The company is creating a mobile phone, the Papillon, which replaces chips and electronics with moving parts. […]
Aircell LLC, a global provider of mobile broadband network for commercial and business aviation, completed the private placement of equity securities totaling $176m to new and existing investors. The new funds will be mainly used to accelarate growth through network expansion. Over the past year, the company has steadily increased the daily number of airplanes […]