Mergers and AcquisitionsStart UpUSA

Singapore Telecommunications (SingTel) has acquired 100% of Pixable, a New York City-based smartphon app company for $26.5m. Founded in 2009 and led by Mr Inaki Berenguer, CEO, Pixable allows more than 4 million users to share and prioritize photos that have been published to social networks. The company had raised $6.1m from Highland Capital Partners and Menlo […]

fundingStart UpUSAventure capital

SumZero, a NYC-based global community of hedge fund, mutual fund, and private equity professionals, has received an investment from Winklevoss Capital. The firm created by Tyler and Cameron Winklevoss, who became famous for their Facebook fight, is reportedly putting $1m into the company founded by Divya Narendra and Aalap Mahadevia. Incepted in 2008, SumZero is […]

fundingUSAventure capital

ContinuumRx, a Birmingham, Alabama-based company that develops joint ventures with health systems to seek to improve patient outcomes through better coordination in the hospital-to-home transition, has closed on $7M in new financing. Backers include: – Mitsui & Co. Global Investment, – Health Enterprise Partners, L.P. , – Fidelis Capital Partners, – Redmont Venture Partners, and […]

fundingUSAventure capital

Healthsense, Inc., a Mendota Heights, Minn.-based provider of Wi-Fi remote monitoring solutions for the senior care market, has raised an additional $7m in a Series D financing. The round was led by new investors Merck Global Health Innovation Fund, LLC (GHIF) and Fallon Community Health Plan. Existing investors also participated. The company intends to use […]

fundingItalyventure capital

KARALIT, a Pula (Ca), Italy-based developer of computational fluid dynamics (CFD) software, has raised €350k in funding from Vertis SGR. The company intends to use the funding for ongoing software development, sales operations and new strategies. Founded in 2007 by Marco Mulas, CEO, KARALIT offers 3D software, which aims to transform CFD from a separate, […]

fundingGermanyStart Upventure capital

AyoxxA Biosystems, a Cologne, Germany, and Singapore-based biotechnology company, has closed a €2.6m Series A financing. The round was led by Wellington Partners Venture Capital, with participation from NRW.BANK, High-Tech-Gründerfonds, and private investors including Chairman of the Board Rainer Christine and Dr. Gregor Siebenkotten. The company intends to use the capital to further develop its […]

fundingStart Upventure capital

Venture Capital firm Wellington Partners has held the first closing of new life science fund at €70m. Backers include international investors from Germany, Switzerland, Austria, Benelux, France, the UK, the US and the Middle East. Main backers include the European Investment Fund via its ERP-EIF Dachfonds, LfA Foerderbank Bayern, Austria Wirtschaftsservice GmbH and several large […]

fundingUSAventure capital

Foundation Medicine, a Cambridge MA-based molecular technology company focused on cancer treatment, has closed a $42.5m Series B funding. Backers include new investors Deerfield Management Company, Casdin Capital, Redmile Group, Roche Venture Fund and WuXi Corporate Venture Fund. They joined founding investor Third Rock Ventures and existing investor Google Ventures and Kleiner Perkins Caufield & […]

FinlandfundingStart Upventure capital

Jongla Oy, a Helsinki, Finland-based startup that develops mobile messaging apps, has raised €1.2m in funding. Backers include Tekes and Hannu Syrjänen, Kalevi Sivonen, Janne Leino, etc. The company intends to use the capital to continue developing its product and roll out its business strategy, including a major product relaunch this autumn. Led by founder […]