REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
AAC Capital Partners, a Northern European midmarket buy-out firm is to acquire a majority stake in Energate Oy, a Rauma, Finland-based provider of control systems for residential building automation, temperature regulation and LED solutions in Northern Europe and the parent company of the Enerpoint Group, from Profita Management and the company’s founders. Enerpoint’s management team […]
Skandinavisk Kommunalteknik Group AB, a Swedish provider of pressure sewage systems and smaller pump stations, has been acquired by Litorina IV. Following the close of the transaction, the current majority owner, Segulah III L.P., will sell its entire holding while the company’s current management will remain as significant owners. Founded in the late 1970’s and […]
Boston-Power, Inc., a Westborough, Massachusetts-based provider of next-generation lithium-ion battery cells, modules and systems, received $30m in private equity. The round was led by existing investor GSR Ventures, with participation from existing investors Oak Investment Partners and Foundation Asset Management (FAM). The company is using the proceeds from the investment, which follows a $125m growth […]
Metaps Inc., a Tokyo, Japan-based company specialized in increasing revenue for smartphone apps, has raised US$4.2m in venture capital funding. Backers include INTEC IT Capital, Neostella Capital Co., ngi group, Nippon Venture Capital Co., and SMBC Venture Capital Co. The company intends to use the capital to hire new human resources for its Singapore-based, wholly […]
Access Industries, a U.S.-based industrial group with long-term holdings worldwide, has established its early-stage venture investment arm focused on the therapeutics space. Access BridgeGap Ventures will fund early-stage startups and create spinoffs around potential high-impact technologies related to human therapeutics, including pharmaceuticals, biopharmaceuticals and therapeutic devices. Led by Daniel Behr, MBA, and Ben Bronstein, MD, […]
Cyber-Ark Software, a Newton, Mass.-based global information security provider for protecting and managing privileged accounts and sessions, critical applications and sensitive information, has received a $40m investment. The round, which was led by Goldman Sachs (NYSE: GS) and Jerusalem Venture Partners, includes participation from the purchase of shares from existing shareholders (Vertex Venture Capital and […]
GMZ Energy, a Waltham, Mass.-based producer of thermoelectric materials and systems, raised $14m in Series C financing. The round was led by Mitsui Ventures, with participation from I2BF Global Ventures, Energy Technology Ventures, Kleiner Perkins Caufield & Byers and BP Alternative Energy. GMZ intends to use the new funding to expand its engineering and commercialization […]
Spreecast, a San Francisco, CA-based social video platform that allows people broadcast together, has raised $4m in seed funding. Backers include: Frank Biondi, former CEO of Viacom, Gordon Crawford, media and technology investor at The Capital Research Group, and Edward Scott, Jr., founder of BEA Systems. The company intends to use the funding to hire […]
NexSteppe, a Maliby, CA-based company dedicated to developing sustainable feedstock solutions for the biofuels, biopower and biobased products industries, has raised $14m in its second round of funding. The round was led by Braemar Energy Venture, with participation from returning investors CYM Ventures and Zygote Ventures, among others. The company plans to use the capital […]
Tactus Technology, Inc., a Fremont, CA-based developer of new tactile user interface for touchscreen devices, has secured $6m in Series A funding. The round wa sled by Thomvest Ventures, a $150m fund capitalized by Peter J. Thomson. The company intends to use the funds to expand its product development and ramp up operations toward large-scale […]
Investment firm Golden Seeds has closed its second fund at $26.5m. Golden Seeds Fund 2 LP focuses on investing in women-led early stage, high growth companies across at least three sectors, including technology, life sciences and consumer goods. The vehicle has already invested in eight companies, including: – AboutOne – online household management system – […]
In July, when I sourced the first successful “crowdfund” raising on Crowdcube, I was hesitant to cover it. Basically, I’ve always been a traditionalist and at that time I didn’t want to challenge the classic scheme: a recipient, a round leader, and other investors as participants. In that case, I had an entrepreneur, and a […]
Personal Development Bureau, a Croydon, UK-based company that helps police, fire service and other forces personnel cope with unemployment, has raised additional £25k in crowdfunding through the CrowdCube platform. This represented a Phase 2 funding after that the company had previously raised £25,000 from 68 investors in October (read here). In this latest “round”, 20 […]
Music Dealers LLC, a Chicago-based company that provides a solution for connecting independent artists and music licensors into all audio/visual media, has closed $2.18m in Series B funding. The round was led by a group of new and existing private investors. The company intends to use the funds to expand its market share among clients […]
Storyful, a Dublin, Ireland-based start up that provides tools and services to help news organizations find relevant stories on social media sites, has received an investment of undisclosed amount from the AIB Start-Up Accelerator Fund, managed by ACT Venture Capital. Set up by ex RTE journalist Mark Little, the company aims to leverage the power […]