REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Primekss, a Riga, Latvia-based concrete floors contracting company, has received a €1.4m investment from the BaltCap Latvia Venture Capital Fund. With the investment, the fund has taken a “significant” minority stake in the company. Established 1997, Primekss has developed a patented technology for casting slender, tough, jointless concrete floors for heavy use, which are designed […]
Movinto Fun AB, an Åre, Sweden-based company that develops and commercializes innovative interactive entertainment solutions, has closed a SEK3.25m round of funding. Investors include existing shareholder STING Capital AB, new backer SamInvest and other business angels. The funds will enable the company to launch its first product – BodyBug® – during Spring 2011. BodyBug is […]
TouchType, a London, UK-based developer of text prediction technology designed to significantly boost the accuracy, fluency and speed of text entry on mobile and computing devices, received a £275,000 investment from Octopus Investments. The funds, which were provided by the Octopus Titan VCT funds, the Eureka EIS Portfolio Service and the Octopus Venture Partners, will […]
Connexity, a Ventura County, California-based interactive advertising platform, has closed a seed funding round of undisclosed amount with Persistence Partners. The company is developing new software and hardware architectures to improve the relevance of interactive advertising. As also explained by Dave Gross, CEO of Connexity and a Managing Partner at Persistence Partners, the platform uses […]
PrismaStar Inc., a London, UK-based product search company, recently received a £2m investment from Octopus Investments. The new funds, which were provided from the Octopus Titan VCT funds, the Eureka EIS Portfolio Service and the Octopus Venture Partners, will enable the company to expand in the growing US, UK and EC market for online retail. […]
Rankomat.pl, a Polish online insurance aggregator, has agreed to receive an up to 12m Polish zlotys equity investment with the 3TS Cisco Growth Fund, which is managed by 3TS Capital Partners. As a result of the transaction, the fund acquired a minority stake in the firm. Rankomat.pl will receive the amount over the next 12 […]
Neuro Resource Group, a Plano, TX-based company that specializes in the development, design and manufacture of innovative medical products for injury management, rehabilitation, and pain management, is receiving a $1.5m investment from the State of Texas Emerging Technology Fund (TETF). Neuro Resource manufactures portable, handheld neurostimulation devices (the InterX® products) that are available to physicians, […]
Offers.com, an Austin, Texas-based savings resource leader in the online coupons and deals segment, has closed a $7m growth equity investment from Susquehanna Growth Equity. This minority investment will help the company accelerate its expansion plans. Launched in February 2009, the company aims to help consumers find offers, coupon codes and online deals for their […]
Compact Media Group, a London, UK-based independent rights administrator and distributor of royalties for TV, film and music, has secured £17m of investment from Lyceum Capital. The funds, which allowed Lyceum to take a majority stake in the company, will enable Compact to further develop the business. The growth strategy will focus on enhancing and […]
Kilimanjaro Energy, Inc., a New York-based company that specializes in the capture of atmospheric CO2 for use in energy applications, closed a Series A round of venture financing. The round was led by ARCH Venture Partners, with participation from existing investors. In conjunction with the financing, Dr. Nathaniel E. David has joined the company as […]
Sario Marketing GmbH, a Mainz, Germany-based company that operates Textbroker.com, the internet platform for on-demand content, closed a “multi-million” euro growth financing round with funds advised by ViewPoint Capital Partners. The capital will be used to support the expansion in existing and new markets within and beyond Europe. Textbroker is currently offered in Germany and […]
Bluebell Telecom, a Newcastle upon Tyne, UK-based provider of business voice and data services, has received a £3.95m financing package from Octopus Investments and YFM Private Equity. The capital will help the company expand and incorporate Callstream, an inbound telephony specialist, into the newly formed Bluebell Telecom Group. With Callstream joining the group, Bluebell Telecom, […]
Michelson Diagnostics Ltd., an Orpington, UK-based developer of medical equipment and scanner solutions, has raised £1.7m from Octopus Investments. Founded by CEO Jon Holmes in 2006, the company has developed a laser scanning technology that is designed to image skin and other surface tissue at a higher resolution than ever before. Its first product, the VivoSight scanner, […]
UltraSoC Technologies Ltd, a Cambridge, UK-based pioneer of technology for embedded systems used in a whole range of electronic applications from automotive to consumer products such as mobile phones, has received a £2m investment from Octopus Ventures. The investment will help develop the technology platform to a licensable product. This will involve the expansion of […]
Perceptive Pixel Inc., a New York City-based developer of advanced multi-touch solutions, has received an investment of undisclosed amount from 3M New Ventures. Founded by Jeff Han in 2006, the company is dedicated to the research, development and production of multi-touch interfaces for the knowledge worker. The company’s hardware and software products are designed to […]