REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Galenea Corp., a Cambridge, MA-based company that focuses on synaptic transmission, has received a $6m equity investment from The Stanley Medical Research Institute (SMRI). The company intends to use the capital for the development of its innovative pro-cognitive discovery program and the selection of a clinical candidate for the treatment of schizophrenia and other psychiatric […]
United Mobile Apps Pvt Ltd, an India based 4G technology company, completed its $1m Series A round of funding. The round was led by Mumbai Angels, with participation from Blume Ventures, India Venture Partners and Christopher Preinz and Associates. The company intends to use the funding to expand its engineering, marketing/sales and R&D activities. It […]
Shape Security, a Mountain View, CA-based start-up developing new web security technology, has closed a $6m Series A financing. The round was led by Kleiner Perkins Caufield & Byers (KPCB) and Google Executive Chairman Eric Schmidt’s TomorrowVentures, with participation from special limited partner at Sequoia Capital Gaurav Garg, former Accel partner Peter Wagner, Baseline Ventures, […]
ToucHotel, a tourism and mobile commodity business, has raised a seed funding of undisclosed amount from Matteo Fago, Venere.com Co-Founder. The company intends to use the capital to expand in the areas of engineering and international user acquisitions. Launched on February 2010, ToucHotel is a free application for iPhone, iPad and Android that allows users […]
Innovacell, a Bregenz, Austria-based biotechnology company, has raised €8.3m (approximately $11m) in funding. Backers include Buschier, Fides, HYBAG and uni venture. The funding, which will be provided in two tranches, will be used for the clinical development (Phase III study) of ICES 13, a cell-therapy for the treatment of stress-urinary incontinence (ICES13) and faecal incontinence. […]
Longevity Biotech, a Philadelphia, PA-based developer of a new class of therapeutics via artificial protein technology, received an up to $350k grant from the Thiel Foundation. The foundation awarded the funding through Breakout Labs, its new revolving fund designed to promote innovation in science and technology. Founded in 2010 by President Mr. Scott Shandler, Longevity […]
DITTO, a Mountain View, CA-based eCommerce site for designer eyewear that uses patent-pending 3D virtual fitting technology, has closed a $3m financing. The round was led by August Capital, with participation from angel investors, friends and family. The company intends to use the new funds to further develop its technology, add to its team, and […]
Sensorion, a Clapiers, France-based biopharmaceutical company specifically dedicated to the development of innovative and targeted therapeutic solutions to treat vestibular deficits, has raised €750k in funding from CDC Entreprises. The investment, which was made by InnoBio, under the framework of the FSI France Investissement program, is intended to help the company reinforce its development capacities. […]
Forsitec, a Boulogne-Billancourt, France-based IT services company, has received a €300k investment from FSI Régions. The investment, which was made via AEM, is designed to help the company develop its customized outsourcing and cloud computing offerings, and achieve a turnover of € 15m within 2017. Founded in 2005, Forsitec specializes in the development of IT […]
VinPerfect, Inc., a Napa, CA-based maker of high-performance wine bottle closure, has launched a Series A-1 round seeking $1m in funding. Led by Tim Keller, Founder & CEO, the company already raised $885k from 38 investors in the Seed Preferred financing round to bring the product to market. According to a written statement, “The new […]
Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC), a publicly-traded venture capital fund that invests in technology and cleantech companies, has completed the purchase of an additional 34,714 shares of Gilt Groupe Holdings, Inc. common stock. Earlier in April, the vehicle had said it had purchased approximately 54,000 shares of the company’s common stock. Gilt Groupe […]
BrightTag, a Chicago, IL-based technology platform provider for the digital marketing industry, has closed $15m in new financing. The round was led by Baird Venture Partners, with participation from existing investors New World Ventures, TomorrowVentures, EPIC Ventures, I2A and Silicon Valley Bank. The company intends to use the financing to accelerate development of its technology […]
According to a written statement, Mexico City-based WAMEX Private Equity has held the final close of its second growth equity fund at US$160m. Backers include Mexican pension funds. Led by Managing Partner Ernesto Warnholtz, MIF II has already invested 40% of commitments in three Mexican companies: – Hoteles CityExpress (budget hotels), – HDS (healthcare IT) […]
Avenir Medical Inc., a Waterloo, Canada-based company that researches, develops, and commercializes orthopaedic medical devices, has raised $725k in funding. The investment was made by accredited angels from the Georgian Angel Network. The company intends to use the funding to continue to advance its technology. Founded in 2010 by CEO Armen Bakirtzian, Avenir Medical is […]
DailyFeats, a NYC-based certified B Corporation operating a website and app that help people set goals to improve their lives, secured a seven-figure financing. Backers include Costella Kirsch and Western Technology Investment (WTI). The company intends to use the funding to grow its team with product specialists, engineers, and sales and marketing professionals. Led by […]