REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Clean Membranes, Inc, a Lexington, MA-based start-up developing a new generation of non-fouling membranes, has closed its Series A round of financing. The investment, whose amount remained undisclosed, was led entirely by Morningside Venture Investments Limited. The capital will be used primarily to take the technology, licensed on an exclusive basis from the Massachusetts Institute […]
XOG, LLC, a Houston, Texas-based oil and natural gas company, has received a $50m equity commitment from Kayne Anderson Energy Funds and management. Founded in December 2010 by Wes VanNatta and Greg Miller, XOG Resources acquires and develops oil and natural gas properties with identifiable upside in the Ark-La-Tex and onshore Gulf Coast Texas regions. […]
Sungevity, Inc., an Oakland, CA-based company that has developed an online sales process to make it easy and affordable for homeowners to go solar, has received a $2m line of credit from Bridge Bank, National Association, a subsidiary of Bridge Capital Holdings (NASDAQ: BBNK). Sungevity, which has recently raised $15m in Series C funding, will […]
Alcuin Capital Partners LLP, a London, UK-based private equity firm, has held an £81m close of its third fund. The Third Alcuin Fund LP makes £2-10m growth capital and buyout investments in UK-based companies valued between £5 and £30m across all sectors. The vehicle, which expects to hold a final closing at £100m by the […]
InDex Pharmaceuticals, a Stockholm, Sweden-based clinical stage biopharmaceutical company that develops a drug for treatment of severe inflammatory bowel disease, has received a SEK75m equity investment. Investors include new backer Industrifonden, which committed SEK40m, and existing shareholders, including SEB Venture Capital, which committed an additional SEK35m. The company intends to use the capital to finance […]
Presto Engineering, Inc., a San Jose, California-based provider of product engineering services and hardware to IDMs and fabless vendors, from first-silicon characterization to product release and testing, has raised US$6m in funding. The round was led by CM-CIC Capital Privé, with participation from existing investor Masseran Gestion. The company intends to use the capital to […]
Lansen Technology AB, a Halmstad, Sweden-based company that designs and manufactures surveillance and alarm systems, has received a KRO6m equity investment. Investors include Almi Invest, Hannells Holding AB, the current majority owner ALLB Invest AB, as well as other existing shareholders. As stated by Chairman Johan Sedelius Hörberg, the capital will be used to continue […]
Masher, a Gateshead-based developer of a web appication that allows users to mix content (videos, photos, music and digital effects) and post the result on social networking sites such as Facebook and Twitter, has received a £550,000 investment. The company has raised £250,000 from the Finance for Business North East Creative Content Fund and the […]
ExpoPromoter, a London, UK-based provider of online services for event organizers, has raised US$1m in Series A funding from Dekarta Capital. As also stated by Hennadiy Netyaha, founder and CEO of ExpoPromoter, the company intends to use the funds to develop its affiliate network, increase the number of partner websites, expand the event database and […]
J&D’s Foods, Inc., a distributor of salt based products, has received the ZINO Society‘s 2010 $50,000 ZINO Marketplace Investment Forum Fund. The Seattle, WA-based company is known for Bacon Salt (R), Baconnaise(R), BaconPOP(R) microwave popcorn and the recently launched Country Style Bacon Gravy Mix and Bacon Ranch Dressing & Dip Mix. J&D’s Foods was founded […]
Kaspersky Lab, a global developer of IT threat management solutions for individuals and businesses, has received an equity investment of undisclosed amount from General Atlantic LLC. The partnership will enable the company to continue its global market growth, expand its technology and product portfolio to embrace cloud computing and IT consumerization. GA will become the […]
Qwiki, a Palo Alto, CA-based developer of a technology that transforms data into rich-media narratives, closed an $8m Series A funding round. Investors include individual backers including Eduardo Saverin (co-founder, Facebook), Jawed Karim (co-founder, YouTube) and Pradeep Sindhu (co-founder, Juniper Networks) and institutional partners Lerer Media Ventures, Tugboat Ventures and Contour Venture Partners. To date, […]
ChaCha, an Indianapolis, IN-based company that operates a real-time answers service, closed $3m of additional funding including $900,000 of outstanding warrants from new investor Qualcomm Ventures. This extends the round led by VantagePoint Venture Partners and Rho Ventures in October 2010 and brings the total amount the company has raised since inception 5 years ago […]
Cognition Therapeutics, Inc., a Pittsburgh, PA-based drug discovery company developing novel, small molecule disease-modifying treatments for Alzheimer’s, has closed on a $2.5m Series A1 financing. The round was led by Golden Seeds, with participation from new investors The Breedlove Limited Family Partnership and TMC Investment Company, and existing investors Ogden CAP Associates, M5Invest, the Pittsburgh […]
Flat World Knowledge, an Irvington, NY-based publisher of free and open college textbooks for students worldwide, has secured $15m in Series B funding. The round was led by Bertelsmann Digital Media Investments, and Bessemer Venture Partners, with participation from existing investors Valhalla Partners, GSA Venture Partners, High Peaks Venture Partners, and angel investors. The company […]