REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
SNS Plus, an international publisher and distributor of worldwide games with a focus on the Asian market, has raised $12.5m in funding. The round was co-led by WI Harper Group, which committed $4m, and Matrix Partners. Founded in 2009 and led by CEO Mr. Along Chang, SNS+ published more than 60 games on Facebook, and […]
Fulcrum Capital Partners Inc. has completed the management buyout of the mid market mezzanine lending and private equity investment operations of HSBC Capital (Canada) Inc. Led by Chair and Managing Partner Dave Mullen, Neil Johansen and John Philp, along with an investment management team of 13, Fulcrum will manage over C$750m in capital focusing on […]
Panda Power Funds, a Dallas, Texas-based recently held the final close of its Panda Power Generation Infrastructure Fund at $420m. Investors in the fund, which plans to develop or acquire U.S. natural gas-fueled power plants and utility-scale solar projects in select states, include large public and corporate pension plans and other institutional investors. Led by […]
According to reports (read here), Arachnys, a Cambridge, UK-based provider of business intelligence solutions related to emerging markets, recently raised an undisclosed amount of Series A funding. Backers include Peter Cowley, investment director at Martlet, Cambridge Capital Group and Cambridge Angels. Co-founded by David Buxton and Harry Waye, and recently emerged from the Springboard Cambridge […]
eReceipts, a UK-based provider of a solution to manage, store and retrieve receipts for proof of purchase and business expense purposes, has raised £450k in funding. The investment was made by Envestors Limited, the wholly owned subsidiary of Braveheart (AIM: BRH), the AIM-listed specialist in growth capital investments for business angels, high net worth individuals […]
2nd Watch, Inc. a Liberty Lake, Washington-based solution provider and systems integrator for Amazon Web Services™ (AWS), said it closed a Series A round of financing. The amount of the funding was not disclosed. Investors include Bighorn Ventures, KickStart – an angel fund associated with the Spokane Angel Alliance and other angel investors. Local Disaster […]
SNCF, Orange, PSA Peugeot Citroën and Total recently launched a €30m investment fund dedicated to sustainable mobility. Ecomobilité Ventures will focus on investing in innovative young companies involved in the creation of new forms of sustainable mobility. Ecomobilité Ventures will acquire minority interests in European start ups or development stage companies and will support them […]
Nanda Technologies, GmbH, a Munich, Germany-based developer of a high-throughput, high-sensitivity defect full wafer inspection technology for semiconductor manufacturing, has been acquired by Nanometrics Incorporated (Nasdaq: NANO), a supplier of solutions for advanced process control headquartered in Milpitas, California. Nanometrics has paid approximately $23m in cash for Nanda. The purchase includes facilities, staff, intellectual property, […]
Private equity firm NiXEN has signed an LBO to acquire a controlling stake in French Babeau Seguin, a builder of single-family detached homes in northeastern France. Conducted by NiXEN, this transaction is structured around management, which is making a substantial re-investment alongside existing financial partners Siparex, CM-CIC, Carvest and Somfy Participations. In addition, Pechel and Avenir […]
Istanbul Venture Capital Initiative (iVCi), Turkey’s fund of funds and co-investment programme advised by the European Investment Fund (EIF), is supporting the Darby Converging Europe Fund III, with a €17.5m commitment. In addition, EIF is putting an extra €35m into this Fund through its Mezzanine Facility for Growth Mandate. Managed by Darby Overseas Investments to target Central and […]
Private equity firm Cinven completed the acquisition of Guardian Financial Services, a Lytham St Annes, UK-based closed book of life and pensions business. Cinven, which bought Guardian from AEGON in August 2011 for an enterprise value of £275m, will help the company to grow and develop. For Cinven, the investment also provides a consolidation platform in the European […]
Radius Health, a Cambridge, Massachusetts-based developer of a new generation of drug therapies for osteoporosis and women’s health, closed the second of its three-tranche $91m financing round announced in May 2011 (read here) . This $27.65m second tranche included $21.4m in equity financing from current investors (BB Biotech AG, Brookside Capital, Saints Capital, Nordic Bioscience, and Ipsen Pharma SAS, […]
Concorde Solutions, a Reading, UK-based software asset management company, has raised £1m in funding from venture capital firm Panoramic Growth Equity. The company intends to use the capital to launch a new SaaS product in 2012 into the data centre and cloud computing markets and expand its professional and managed services to markets worldwide. Established […]
Romotive, a Seattle, WA-based start up that produces hardware and software to combine the computing power of smartphones with the mechanics of moving machines, has raised $115k through crowdfunding platform Kickstarter. Co-founded by Phu Nguyen, and Peter Seid, the company builds flexible robotics platforms that are powered by smartphones, adding movement, accessories, and physical capabilities. […]
Omni Helicopters International S.A. a Lisbon, Portugal-based helicopter services specialist, received a €40m growth capital investment from Stirling Square Capital Partners. Backers also included two Brazilian co-investors, Salim and Eugenio Mattar, who have partnered with the firm’s founding partners in a previous transaction. Together, the investors will help Omni expand its managed fleet by more […]