REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Delphinus Medical Technologies, LLC, a Detroit, MI-based spin-off of the Barbara Ann Karmanos Cancer Institute, has secured $8m in venture capital. The funds will be used to start the commercialization process of SoftVue, a tomographic ultrasound imaging and risk assessment device that examines women’s breasts for the presence of benign and/or malignant masses. This screening […]
Khosla Ventures, the Menlo Park, CA-based venture capital firm focusing on cleantech and information technology start ups, announced a strategic partnership with Tony Blair Associates. According to an official press release, “Former British Prime Minister Tony Blair and his team will leverage his advocacy for environmental issues and his global relationships to help Khosla’s broad […]
Jingle Punks Music LLC, a New York-based music publishing and technology company, has completed a “substantial” equity financing. The financing, which was sponsored by Hammerline Capital, a New York-based private equity investment company, included veterans from the music and technology industries. The new capital will enable the company to develop its products, strategic content partnerships, […]
Sinapis Pharma, Inc., a Jacksonville, Florida-based developer of a novel therapeutic approach to neuronal protection using an intravenous methamphetamine technology, has completed an undisclosed bridge financing. The capital will be used to continue to support the company’s drug development program. Sinapis Pharma has strong pre-clinical data in stroke and traumatic brain injury animal models conclusively […]
Gaikai Inc., a cloud-based video game streaming service for games and applications headquartered in Aliso Viejo, California, raised more than $10m in its Series B financing round. Investors include TriplePoint Capital, Rustic Canyon Partners, Benchmark Capital and an un-named partner. Gaikai offers video game publishers and retailers an innovative cloud-computing solution that enables the acquisition […]
VentureMD, a North Logan, UT-based seed stage medical device business accelerator, launches with the aim to incubate promising medical device technologies into successful companies. It will provide financial, human and intellectual capital to to start-up medical device start ups. Focused on the orthopedic, spine, endoscopy and dental markets, the VentureMD management team has proven success […]
Poken SA, a Lausanne, Switzerland-based provider of solutions for the events and corporate networking space, has raised $1.8m in venture financing. The round was led by Swisscom Ventures, the corporate venture arm of Swisscom AG – Switzerland’s leading telecom operator, which will be represented on Poken’s board of directors by Head Dominique Mégret. Poken’s customers […]
Swaptree.com, a Boston, MA-based website that allows people to swap books, CDs, DVDs and video games, completed a $6m financing round. The investment was led by Safeguard Scientifics, Inc. (NYSE: SFE), with participation from numerous private investors. The new funds will enable the company to hire new professionals and to implement marketing initiatives focused on […]
Gammadata Holding AB, an Uppsala, Sweden-based applied physics company, has received a SEK29.5m (approximately $3.7m) majority investment from a syndicate led by the venture capital firm InnovationsKapital. The majority owners, CapMan and other shareholders, sold all the shares to a group of investors including the current management. The investors, led by InnovationsKapital, now own 70 […]
Biomedical Structures LLC, a Warwick, RI-based supplier of custom-designed biomaterials and textiles used in advanced clinical applications from orthopedics and reconstructive surgery to tissue engineering, has completed an undisclosed private equity financing with Ampersand Ventures. BMS, which specializes in the design and manufacturing of crafted, nonwoven fibers and biomaterials such as tissue scaffolds and woven […]
Zend Technologies, a Cupertino, CA-based provider of products and services for developing, deploying and managing business-critical PHP applications, has received $9m in venture funding. The round was led by Greylock Partners, with participation from all other investors including Azure Capital Partners, Index Ventures, Intel Capital, SAP Ventures, and Walden. The investment will enable the company […]
The European Commission has cleared, under the EU Mergers Regulation, the proposed acquisition of the French Vedici group of healthcare facilities by the British investment group 3i. The European Institution concluded that the acquisition would not significantly impede effective competition within the European Economic Area (EEA) or a substantial part of it. 3i controls the […]
Guardian Analytics, a Los Altos, Calif.-based provider of a predictive analytics-based fraud prevention software, has raised $9m in Series C funding round. The investment was lwd by by Sutter Hill Ventures, with participation from existing investor Foundation Capital. The funding will be used to accelerate product innovation and capitalize on the growing demand for its […]
Immunome, a Wynnewood, PA-based discovery-stage antibody platform company focused on life-threatening infectious diseases, completed an undisclosed equity financing. Investors include BioAdvance, the Biotechnology Greenhouse of Southeastern Pennsylvania and other private investors. As also stated by Tim Pelura, president and CEO of the company, this financing will enable Immunome to identify its first therapeutic candidate for […]
Dynamic Change Ltd, a Keele (Staffordshire), UK-based provider of regulatory compliance, corporate governance, risk and performance management software to the UK healthcare market, has been sold from venture capital company Midven to Aim-listed Allocate Software for up to £9m. The deal generated an eight times cash multiple return for Midven’s Advantage Growth Fund, which provides […]