Early-stage
UK - MSIF provides blood testing technology company with £100,000 investment
Merseyside Special Investment Fund has backed PalindromX, a blood testing technology company, with £100,000 of seed funding through its Liverpool Seed Fund. PalindromX is a spinout from the University of Liverpool. It has developed a patented technology...
UK - NorthStar Equity leads £2m investment in Femeda
NorthStar Equity Investors with Stargate Capital Management and Acceleris Corporate Ventures have led a £2m investment to Femeda, a female health product company. Existing investor Enterprise Ventures is also taking part in the round, via the RisingStars...
UK - Accel leads $12m investment in VoIP company
Accel Partners and Venrock Associates have led a $12m series-A investment in VoIP company XConnect Global Networks Ltd. Grazia Equity of Germany and Bridge Capital Fund of Japan (an affiliate of Nikko Antfactory) also participated in the funding round....
UK - Advent Venture backs new home moving web services
Advent Venture Partners and seed investors, The Accelerator Group, have provided new home moving web service Moveme.com with early-stage funding. Moveme.com is a online service which will enable millions of people moving home to save significant time;...
UK - Creative Capital Fund backs performance company with EUR 2.53m
The Creative Capital Fund has led a EUR 2.53m fund-raising for The Creative Experience Company Ltd. The investment was led by Leisure and Media VCT Plc, which is managed by North Atlantic Value LLP, part of the J O Hambro Capital Management Group. The...
UK - Brightstation Ventures backs internet fashion network with £1m
Brightstation Ventures has provided Osoyou.com, an internet-based fashion social network start-up with £1m of funding. The website is due to launch this summer and will compete with the likes of Conde Nast's stylefinder.com.
GERMANY - GANYMED receives EUR 33.7m financing
GANYMED Pharmaceuticals AG has closed an EUR 33.7m series C financing round led by Venture Incubator Partners. Other investors committing to this round are Future Capital, Ingro Finanz, LVVW, MIG, Nextech, ONC Partners, Varuma and a consortium of Swiss...
NORWAY - ProVenture Seed invests NOK 4m in New Index AS
ProVenture Seed has invested seed capital as part of the development of New Index, a technology company based in Trondheim. The investor has developed a business development plan for the coming to years to secure growth going forward, and additionally...
NL - ProFibrix closes $11m Series A financing round
ProFibrix BV, a Leiden-based biotech company focused on products to stop bleeding and initiate tissue repair, has closed a Series A financing round raising $11m. The round was led by Index Ventures and backed by some of the current share holders of ProFibrix....
UK - Investment in UK enterprise hits new high
Investment in UK deals of sub-£1m has hit a new high of £63m over the 12 months to December 2006 according to research published by Venture Index. The £63m was comprised of 398 deals of which 136 were completed in the last three months of 2006. In...
FRANCE - 360 Capital Partners invests EUR 3m in Iminent
Franco-Italian venture investor 360 Capital Partners has invested EUR 3m in the first round of funding for Iminent, a developer of tools and services for online instant messaging.
UK - Newly launched Mercia Technology Seed Fund completes first deal
The Mercia Technology Seed Fund, launched last week, has completed its first investment. Intelligent Orthopaedics, a medical engineering company has received just under £250,000 of syndicate funding from Mercia, SMIF and private investors. This second...
UK - Finance Wales leads £600,000 funding round for opto-electronics company
Finance Wales has led a £600,000 funding round for opto-electronics company Trace Technologies Ltd. Trace Technology's new software Photonic Interconnect System Designer (PISD) will enable the time taken to fit fibre optic cabling into aircraft to be...
UK - IQ Capital participates in £1m funding for Short Fuze
IQ Capital Fund, an early-stage fund launched in December 2006, has made its first investment co-leading a £1m funding round with CREATE Partners for electronic game design company Short Fuze. Short Fuze will use the new capital to accelerate the commercial...
SWITZERLAND - LSP and BiomedInvest lead EUR 7.2m financing round
In a first round of funding, Life Sciences Partners III, BiomedInvest AG and Novartis Venture Fund have invested EUR 7.2m in Okairos AG. The financing will enable the company to demonstrate proof of concept of its adenovirus-based technology in several...
UK - Midven backs Alzheimer's disease testing company with £1.25m
Midven has lead a £1.25m funding round into Cytox, a Birmingham medical sciences company which is developing a diagnostic test to facilitate the early identification of Alzheimer’s disease. NESTA and a group of serial angel investors were the other...
UK - Synergis leads investment into heart disease diagnosis company
Synergis Technologies has led a funding round for Petrra Ltd.
UK - Tudor Investment Corporation backs software start-up with £3m
Tudor Investment Corporation has invested £3m in Trampoline Systems, a London-based enterprise software start-up. Trampoline is the first European Enterprise 2.0 software developer to receive major investor backing. The investment enables Trampoline...
SWEDEN - Northzone invests $10m in Xcerion AB
Northzone Ventures has invested $10m in Xcerion AB to launch its collaborative XML Internet OS. Xcerion aims to distribute the OS and accompanying applications free as a service over the internet.
FRANCE - Sofinnova and Ventech invest EUR 6.5m in new music standard
Sofinnova Partners and Ventech have invested in the fist round of funding in MXP4, a start-up which has created technology allowing artists to create non-linear, interactive music.
FINLAND - Eqvitec injects EUR 2m in customer analytics solution provider
Via its fund Eqvitec Technology Fund III, The venture sponsor has invested EUR 2m in the first round of funding for Xtract, a Helsinki-based software developer.
SWEDEN - SEB Företagsinvest et al back QuickCool
SEB Företagsinvest has joined TeknoSeed and CapMan as a lead investor to advance QuickCool’s clinical studies, in a EUR 2.2m funding round.
GERMANY - EUR 3.5m funding for Exit Games
Media group Bertelsmann, and private equity firms Neuhaus Partners and smac partners have made an investment in Hamburg-based Exit Games.
UK - South East Growth Fund backs Medway Foods Ltd
WM Enterprise, via its South East Growth Fund, has invested in food production company Medway Foods Ltd.