REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Bone Therapeutics, a Gosselies, Belgium-based biopharmaceutical company focused on innovative cell therapy products for the treatment of bone diseases, raised €7.7m in Series D funding. The financing includes: – €6.1m raised from existing investors (Nausicaa Ventures, BAMS Angels Fund I and Life Science Research Partners), and – €1.6m raised in grant subsidies from the Société […]
Advanova GmbH, an Erlangen, Germany-based developer of software that allows medical professionals to access a patient’s electronic record on a mobile device, closed its first round of financing. The amount of the deal was not disclosed. Backers included High Tech Gruenderfonds (HTGF), BayernKapital and a consortium of business angels. The company intends to use the […]
Avillion LLP, a London, UK-based company that focuses on clinical co-development of therapeutics, received initial funding from Abingworth LLP and Clarus Ventures. Led by Lewis Cameron, CEO, John Bradshaw, CFO, and Dr Allison Jeynes-Ellis, CMO, Avillion partners with pharmaceutical and biotechnology companies to co-develop and finance latestage therapeutics. The company will use its clinical development […]
Veggie Grill, a West Coast restaurant concept known for craveable, plant-based food, has completed its $20m fourth equity funding round. Backers included both current shareholders and new investors. A large part of the capital came from private equity firm Brentwood Associates. Bill Barnum, Partner, and Rahul Aggarwal, Managing Director of Brentwood will be joining the […]
According to multiple reports, ADmantX, a contextual analysis and semantic data provider, closed a €1m second round of funding. The funds were provided by from Atlante Ventures Mezzogiorno, which already participated in the company’s €2m ($2.8m) first round in 2011 (read here). ADmantX intends to use the capital to continue to expand internationally, by growing […]
ChaCha, a Carmel, Indiana-based, human-powered Q&A site, raised $14m in funding. The round was led by investors VantagePoint Capital Partners and Rho Ventures. The company intends to use the capital to invest in new products and expand its mobile and online experiences for both users and advertisers. To expand its product base, ChaCha recently launched […]
T1Visions, LLC, a Charlotte, North Carolina-based provider of interactive solutions using large format touchscreens for social and public spaces, completed a $1.6m Series B financing round. Backers included unnamed individual and strategic investors. The company intends to use the capital to support a range of development activities, including expansion and further development of its software […]
MentiNova Inc., a developer of an oral medication to help treat symptoms of Parkinson’s disease, has raised $500k in funding. The capital was provided by Foundation Venture Capital Group. Co-founded by Dr. M. Maral Mouradian, the William Dow Lovett Professor of Neurology and Director of the Center for Neurodegenerative and Neuroimmunologic Diseases at the University […]
Medisse B.V., an Ede, the Netherlands-based closed a €2.6m Series B equity financing round. Backers included new investor IIG, which joined existing investors BioGeneration Ventures and Omnes Capital in the round. In addition, the company will receive an innovation credit from the Dutch Ministry of Economic Affairs. Founded in 2009 and led by Sandra de Vos, […]
Zoom Video Communications, a Santa Clara, Calif.-based developer of a cloud service that unifies users’ meeting experience, closed a Series A funding of undisclosed amount. Backers included Qualcomm Inc., which made the investment via its venture investment group, Qualcomm Ventures, as well as individual investors Jerry Yang, Subrah Iyar, Dan Scheinman, Bill Tai and others. […]
The Trento RISE Association, in partnership with Trentino Sviluppo S.p.a., has launched TechPeaks, an accelerator program based in Trento, in the Italian Alps. The program aims to create over a hundred new innovative companies in the ICT sector. To this end, it will provide hackers, designers, entrepreneurs with €25k non-equity funding, free lodging, food, office […]
FarmLogs, an Ann Arbor, Michigan-based farm management software company for row crop farming, raised $1m in seed funding. The round was co-led by Huron River Ventures and Hyde Park Venture Partners, with participation from Hyde Park Angels, Silicon Badia Ventures, First-Step Fund and other angel investors. The company intends to use the capital to expand […]
Spanish venture capital group Inveready recently created an investment arm to invest in biotechnology companies. Inveready Biotech II, which has an initial endowment of €7m from existing investors, family offices from Spain and business angels from the biotech sector including Antonio Parente and Reig Jofré, will fund 15 to 20 projects over a three-year period, which […]
According to local reports (read here), Neventum, a Barcelona, Spain-based event platform that enables professionals to get information, organize and share events, raised €2,1m in funding. Backers included Internet startup accelerator Mola and a group of family offices. The company intends to use the funding to expand operations. Launched in 2010 by Alberto Sanz, Neventum […]
Etsy, a NYC-based marketplace for artisans and small businesses, has acquired Mixel, an iOS app for creating photo collages. The amount of the deal was not disclosed. According to a post apperared on Etsy’s blog (read here), the Mixel team including CEO Khoi Vinh, co-founder Scott Ostler, and colleagues Akiva Leffert and Roy Stanfield, will […]