REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Altor Fund III has signed an agreement to acquire Oslo, Norway-based environmental services provider Veolia Miljø AS from Veolia Propreté. The transaction, which is still subject to customary closing conditions, is expected to close in March. After closing, Veolia Miljø will change name. The company offers a wide range of sustainable waste management and recycling […]
ProconGPS, Inc., a Knoxville, TN-based provider of GPS tracking solutions to the North American automotive finance industry, has received a private equity investment of undisclosed amount from Bertram Capital. As stated by CEO Brian Boling, this partnership with Bertram Capital will enable the company to further advance its technology solutions, develop new market opportunities and […]
C3Nano, Inc., a Hayward, California-based start up that has developed a hybrid carbon nanotube (CNT) based transparent electrode ink and film for use in devices such as touch screens, OLED devices, photovoltaic solar panels and flexible displays, has closed a $3.2m Series A financing round with GSR Ventures. The company intends to use the funds […]
Hetras, a Zell am See, Austria-based hotel management software developer, has closed a Series B “multi-million” Euros round of funding. The round was led by Scottish Equity Partners (SEP), with participation from Target Partners. The company intends to use the funds to further enhance its product and to roll it out in international markets. Founded […]
Siine, a Barcelona, Spain- and London, UK-based developer of software that is designed to facilitate to communicate using touch-screen phones and tablet computers, had raised £550,000 in seed funding from Atomico. The company intends to use the funds to evolve the team, develop the product, and grow commercial relationships. Founded in 2007 by CEO Ed […]
Wonga, a London, UK-based online lender, has completed a £73m round of funding. The round was led by Oak Investment Partners, with participation from Meritech Capital Partners, Wellcome Trust, Accel Partners, Balderton Capital, Dawn Capital, Greylock Partners and TAG. The company will use the funds to further invest in its technology platform. Founded in 2007 […]
Donald J Pliner, a New York-based premier designer and marketer of luxury footwear, has received a majority investment of undisclosed amount from private equity fund Castanea Partners. Founded in 1989 by Donald Pliner, the company has a product line that includes women’s and men’s dress and casual footwear. The brand operates five company-owned retail stores […]
Membrane Instruments and Technology Pte Ltd (MINT), a Singapore-based cleantech company, has received an investment from Nanostart AG (OTCQX:NASRY). The investment was made by the Nanostart Singapore Early Stage Venture Fund, which is managed by Nanostart Asia, a 100% subsidiary of Nanostart AG. The fund now holds an 18% share in the company. Founded in […]
TuneUp Media, the San Francisco, CA-based publisher of a plug-in for iTunes, called TuneUp, has held a $2m second close of its Series C funding. This close brings the total for the round to $6.3m. The funding, which was provided by existing investor IDG Ventures, will be used to develop a suite of new products, […]
Vitrue, an Atlanta, GA-based social media management software provider, has closed a $17m Series C financing round. The round was led by Scale Venture Partners and Advent Venture Partners, with participation from existing investors General Catalyst Partners, Comcast Interactive, and Dace Ventures. In conjunction with the funding, Stacey Curry Bishop, partner with Scale Venture Partners, […]
Funds advised by H.I.G. European Capital Partners LLP and a group of private bakers have made a significant investment in Der Grüne Punkt – Duales System Deutschland GmbH (DSD), a Cologne, Germany-based recycling company. H.I.G. Europe and the investor group are backing the MBO of the company’s management team. They are acquiring the company from […]
Versartis, Inc., a Mountain View, CA-based biotechnology company developing novel therapeutics for patients with endocrine disorders, completed a $21m Series B financing. The round was led by New Leaf Venture Partners, with participation from Advent Venture Partners’ Advent Life Sciences fund as well as existing investors Index Ventures and Amunix. Versartis plans to use the […]
Fibercore, Ltd., a Southampton, UK-based global designer and manufacturer of specialty optical fibers, has been acquired by funds advised by H.I.G. European Capital Partners LLP from Cisco. H.I.G. Europe will support the company’s management to undertake its growth plans to increase both its geographic penetration and expansion into other related and developing markets. Founded […]
Vega-Chi Limited, a London-based electronic trading platform dedicated to European convertible and high-yield bonds, has received a £1.6m investment from Octopus Ventures. The company intends to use the investment to expand its products and regional footprint in electronic trading for fixed income products. Founded by its current CEO, Constantinos Antoniades, Vega-Chi enables institutional investors to […]
ecoATM, a San Diego, CA-based company that develops kiosks that buy-back and recycle consumer electronics, has raised $14.4m in Series A equity and debt financing. The equity round was led by Coinstar Inc. and Claremont Creek Ventures while the venture debt is being provided by Silicon Valley Bank. The company intends to use the funds […]