Early-stage
UK - TutorVista secures £1.1m funding from Sequoia Capital
TutorVista, a leading online personal tutoring service, today announced it has secured £1.1m in series A round funding. The round was led by Sequoia Capital India, who have also funded Google and includes prior angel investors.
SWEDEN - Amadeus and Creandum invest in Edgeware
Edgeware has secured SEK 17m from new investor Amadeus Capital Partners and SEK 11m from existing investor Creandum.
SWEDEN - Industrifonden invests in Storegate
Industrifonden has injected capital in Storegate in return of a 20% shareholding in the company. Based in Karlshamn, Storegate was founded in 2002 and focuses on secure information storage.
BELGIUM - Big Bang Ventures leads investment round for Qlayer
Big Bang Ventures has announced that it has taken the lead in a EUR 1.3m first round of financing for Qlayer, a provider of virtualisation management software for commercial data centers. The transaction represents the first investment of Big Bang Ventures'...
FRANCE - Galileo Partners injects EUR 2m in Talend
According to press sources, French privatre equity house Galileo Partners has invested EUR 2m in software developer Talend.
UK - CVM backs opening of 37 degrees healthclub
Close Venture Management (CVM) has announced the opening of 37 degrees healthclub at More London, the new 13 acre development next to Tower Bridge on the Thames.
SWEDEN - QuNano secures SEK 45m funding
Lund-based QuNano AB has received SEK 45m in series-A financing from Provider Venture Partners and Teknoinvest. In 2005, the company secured seed capital from Teknoinvest.
UK - Index backs Last.fm
The London-based consumer internet startup Last.fm has raised its first round (an undisclosed sum) initiated by Index Ventures.
UK - Challenge Fund invests in cancer research
Sentinel Oncology has received a financial boost from the Challenge Fund Trading Company, part of Cambridge Enterprise Seed Funds (CESF).
UK - 3i and Doughty Hanson back former Egg executives in new startup
Founding CEO of Egg plc and First Direct, Mike Harris, and former Egg CIO Tom Ilube, have announced the creation of a new consumer company pioneering a range of services to help give people real power over their personal information in the digital world....
BELGIUM - Peakadilly receives EUR 6m series-A financing
Life Science Partners (LSP) has led a EUR 6m series-A financing round for Ghent-based Peakadilly.
UK - Katalyst Ventures invests in UV technology
Katalyst Ventures, the private investor group, has announced that it has led a £319,000 funding round for GB Environmental Ltd, a company that specialises in the deployment of ultra violet (UV) technology for use in both air and liquid environments to...
UK - Bridges Community Ventures backs Smart Storage
Bridges Community Ventures has announced its investment in Smart Storage, a Wirral-based business providing self-storage facilities for a mix of domestic and commercial customers.
FRANCE – Ventech and DN Capital back Babinet’s new venture
Eyeka has completed a EUR 4m series-A round of funding just months after being founded. Paris-based Ventech has injected EUR 2.56m, while London-based DN Capital has provided the remaining EUR 1.44m. Eyeka is a provider of mobile video and image service...
UK - iPLATO receives first round funding from The Capital Fund
iPLATO Ltd, the leader in mobile healthcare applications, has attracted first round funding from The Capital Fund, a £50m venture capital fund that invests in fast-growth companies in Greater London and whose investors include the DTI and The European...
UK - Edinburgh Robotics wins new funding
Edinburgh Robotics Ltd has secured an equity investment led by Braveheart Ventures Ltd. The investment was completed via the SMART Equity Scheme which is designed to help spin-out companies, by providing matched funding to recipients of the Scottish Executive’s...
UK - Porton announces new funding for Psynova
Porton Capital is leading an investment in Psynova Ltd, the latest spin-out from The University of Cambridge. Focused on the advancement and exploitation of biomarkers for neuropsychiatric disorders, Psynova aims to develop diagnostic tests and therapeutic...
DENMARK - Vækstfonden and SEED Capital invest in Stirling Denmark
Stirling Denmark has received funding from EGJ Development Ltd, SEED Capital and Vækstfonden to finance international expansion.
FRANCE - Eyeka announces $5m Series-A round
Eyeka, a provider of mobile video and image service applications, announced today that it has completed a $5m Series-A round. Ventech Capital, based in Paris, invested $3.2m and DN Capital, based in London, provided $1.8m. This marks the second partnership...
SWEDEN - ZealCore secures SEK 12m in growth funding
Industrifonden, KTH Seed Capital and SEB Företagsinvest have invested SEK 12m in ZealCore Embedded Solutions AB.
UK - Micrima secures £475k from VC syndicate
Micrima Ltd, a spin-out from Bristol University, has received a £150,000 investment from NESTA (the National Endowment for Science, Technology and the Arts). This is part of a funding round worth £475,000 with co-investment from private investors and...
FINLAND - FII and Aura Capital invest in Optomed
Medical technology business Optomed has secured around EUR 700,000 in a first round of funding from Finnish Industry Investment, Aura Capital Oy and Mawell Oy.
FRANCE - Kayentis raises EUR 2m from XAnge
XAnge has led at EUR 2m first round of funding in the software start-up Kayentis, via its XAnge Capital and XAnge Private Equity funds. Company founder and CEO Philippe Berna, business angels Jean-Louis Moses and Pierre Casse and an industrial player...
UK - PanOpSys Ltd receives $5.25m Quester funding
PanOpSys, a medical diagnostics company focusing on rapid quantitative detection of disease markers, has announced that it has raised $5.25m in a Series A round of funding from Quester.