REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Fixed Phage Limited, a Glasgow, UK-based start up that develops products for treatment and prevention of infection and bacterial contamination in medicine, food safety, environmental sanitation and many other areas, is receiving a venture capital investment of undisclosed amount. Investors include from Barwell PLC and Scottish Enterprise’s Scottish Co-Investment Fund. Led by Dr CEO Jim […]
ETHERA, Grenoble, France-based start up developing high-performance solutions for gas measurements, has raised €1.2m in its first round of funding. Investors include CEA Investissement and Emertec. The company intends to use the funds to advance industrialization and commercialization of its colorimetric diagnostic kits for chemical pollution of indoor air, which are based on proprietary technology […]
UmBio AB, a Umeå, Sweden-based provider of consulting services and software solutions for data analysis to biotech companies, has raised SEK6.8m in venture capital funding. Investors include Partnerinvest Norr, Sparbanksstiftelsen Norrlands Riskkapitalstiftelse and Norrlandsfonden. UmBio’s technology is designed to improve quality control of Food products by providing a Q&A solution that allows to directly detected […]
Fermentalg, a Libourne, France-based biotech start up that focuses on developing and producing microalgae for the agrifood, healthcare and energy markets, has raised €5.3m in its second round of funding. Investors include Emertec Gestion, Demeter Partners and ACE Management. Founded by President Pierre Calleja, Fermentalg specializes in the production of micro-algae by transforming waste products […]
Independence Equity Management LLC has held the first close of a venture capital fund that will invest in early-stage companies commercializing technologies that improve resource utilization. Independence Equity I LP, which will begin making investments this year, expects to hold a second close by the end of April 2011. The fund, based in Northbrook, IL, […]
LawPivot, a Silicon Valley-based company that operates a Q&A site providing crowdsourced and confidential legal advice to companies, raised $600k in its seed financing round. Investors include Google Ventures and Silicon Valley and New York business angels including Richard Chen, David Tisch, David Li, Nick Mehta and Don Hutchison. They joined returning investors David Austin, […]
Republic Storage Systems, LLC, a Canton, Ohio-based supplier of American-made steel lockers, shelving and storage products, received an investment of undisclosed amount from Versa Capital Management, Inc. In addition, the company has announced that it has closed a new multi-year senior secured credit facility and long-term labor contracts with the United Steelworkers of America, which […]
Digital Assent, an Atlanta, GA-based provider of a self-service patient check-in and patient education solution, has closed a $2m Series A round of equity financing. The investment was led by Imlay Investments, Fulcrum Equity Partners and BLH Venture Partners, with participation from business angels James Balloun, David McKenney and Mark Buffington of Buckhead Investment Partners. […]
Auditude, a Palo Alto, CA-based advertising technology provider for IP video, has raised $11m in Series B financing. The round was led by Granite Ventures, with participation from new investor Silicon Valley Bank and existing investors Greylock Partners and Redpoint Ventures. In conjunction with the financing, Chris Hollenbeck, managing director at Granite Ventures, has joined […]
Palo Alto, CA-based social network Facebook has raised U.S.$1.5bn at a valuation of approximately $50bn. According to the company, the transaction consisted of two parts: – Goldman Sachs completed an offering to non-U.S. clients in a fund that invested $1bn in Facebook Class A common stock. – Digital Sky Technologies (DST), The Goldman Sachs Group, […]
Zuuka! GmbH, an Offenbach, Germany-based interactive kids’ entertainment company, recently raised a funding of undisclosed amount from CFP Founders Investments. With the brand name “actionboox“, Zuuka! developed and provided a product combining various media including children’s books, audio feature, spoken text, sounddesign, games, and animations. The company’s applications, available for iPad, include How Are You?, […]
Recite Me, a Gateshead, UK-based developer of software that helps dyslexic and visually-impaired web users, received a £100,000 investment from Northstar Ventures. The investment, which was made through the Finance for Business North East Proof of Concept Fund, will help the company to continue to develop the product,This allows users to adapt websites to fit […]
Eviangenics, a Paris, France-based biotech company generating new products and manufacturing processes for the chemical and pharmaceutical industry by applying an in vivo recombination technology, completed its €1.3m first round of funding. Investors include CEA Investissement, EMERTEC, and CapDecisif Management. The company intends to use the funds to commercialize its technology platform, in partnership with […]
KA Elektronik AB, an Åtvidaberg, Sweden-based contract manufacturer of electronic and electromechanical equipment, has received a venture capital investment of undisclosed amount. Backers include Almi Invest and and three local investors. The proceeds from the financing will be used to increase sales and expand into the Nordic region and internationally. Founded 20 years ago by […]
Next Wave Partners, LLP, a London UK-based private equity fund manager focused on investing growth capital in the Northern European SME market, closed its second fund, at £27m. The new commitments were raised from existing investors following on, institutional investors, large family offices and high net worth individuals. As a result of the closing, this […]