Early-stage
SPAIN - AGF leads EUR 2m round for eRepublik
French investor AGF Private Equity has led a EUR 2m series-A funding round for Spanish online strategy game platform eRepublik.
IRELAND - Fountain Healthcare & Mitsui co-lead $17m Cappella funding
Fountain Healthcare Partners and Mitsui & Co Venture Partners (MCVP) have co-led a $173m investment into medical device company Cappella, alongside Enterprise Ireland and existing investors Polytechnos Partners and ACT Venture Capital.
FRANCE - Seventure invests EUR 6m into Polaris
Seventure Partners has invested EUR 6m into Polaris, a producer of nutritional lipids.
GERMANY - Leonardo invests further EUR 250,000 in InovisCoat
Leonardo Venture has invested a further EUR 250,000 in specialty foils company InovisCoat GmbH, maintaining its 49% stake in the business.
FRANCE - Elaia et al. invest EUR 6m into Goojet
Returning backers Elaia Partners, Partech International and IRDI-ICSO have participated in a EUR 6m second round of financing for software business Goojet, alongside new investor Orkus Capital.
ITALY - Innogest leads $8m beeTV funding
Italian venture investor Innogest has led an $8m series-B financing round for TV content producer beeTV.
FINLAND/SWEDEN - Nexit backs Aava Mobile with EUR 3m
Nexit Ventures has invested EUR 3m into Aava Mobile, a developer of smartphone platform designs.
ITALY - TTVenture makes EUR 3m Directa investment
Venture investor TTVenture has invested EUR 3m into nanotechnology firm Directa Plus.
GERMANY - HTGF backs maxment GmbH
High-Tech Gründerfonds (HTGF) has invested an undisclosed sum into software company maxment GmbH, with business angel Dr Rolf-Christian Wentz also participating.
SPAIN - Xesgalicia invests EUR 1.5m in Cross Road Biotech
Reports suggest that Xesgalicia has acquired a 6% stake in biotech fund Cross Road Biotech.
UK - Finance Wales et al. invest £1m in Mesuro
Government-backed Finance Wales, university investment group Fusion IP and the ERA Foundation have invested ТЃ1m in mobile communications company Mesuro.
UK- NSEI et al. invest $3m into Antix Labs
NorthStar Equity Investors has led a $3m funding round in software engineering company Antix Labs Ltd, alongside Hotspur Capital and Antix founder and CEO Francis Charig.
DENMARK - Vækstfonden and angels back Teklatech with DKK 5m
Danish government-backed venture fund Vækstfonden has alongside five business angels invested DKK 5m into software business Teklatech. Vækstfonden contributed half of the total deal value.
DENMARK - Via Ventures backs DKK 30m Medotech funding
Danish venture fund Via Venture Partners has participiated in a DKK 30m investment round for Danish biotech company Medotech A/S.
UK - Octopus invests £1.1m into Phase Vision
Octopus Ventures has invested ТЃ1.1m into optical inspection solutions manufacturer Phase Vision, in exchange for a significant minority stake in the business.
GERMANY - eCAPITAL invests in SmartHouse
eCAPITAL Enrepreneurial Partners, via Gründerfonds Bielefeld-Ostwestfalen, has invested in housing solutions company SmartHouse GmbH.
UK - LGE invests $10m into Advanced Plasma Power
Private equity fund Leveraged Green Energy (LGE) has invested $10m into waste management company Advanced Plasma Power (APP), in exchange for a 10% stake in the business.
SPAIN - Inveready and La Caixa back AQsense
Venture investors Inveready and La Caixa Capital Risc have invested a EUR 300,000 as part of a EUR 500,000 funding round for visual systems start-up AQsense, taking a 30% stake in the business.
BELGIUM - Capital-E backs EUR 1.11m CMOSIS funding
Capital-E portfolio company CMOSIS has raised just over EUR 1m in a series-B financing round subscribed to by existing shareholders and management.
FRANCE - Sofinnova and Ventech complete $2.7m MXP4 investment
Sofinnova Partners and Ventech Capital have returned for a $2.7m second round of funding for digital music company MXP4.
GERMANY – EMBL Ventures leads EUR 4.5m vasopharm funding
EMBL Ventures, alongside HeidelbergCapital, Entrepreneurs Fund and KfW, has backed biotechnology company vasopharm GmbH with an investment of EUR 4.5m.
FRANCE - Wellington and Icso lead EUR 6m SuperSonic investment
Wellington Partners and Icso Private Equity have led a EUR 6m investment into medical equipment company SuperSonic Imagine, alongside Edmond de Rothschild Investment Partners, Auriga Partners, Crédit Agricole Private Equity, NBGI Ventures and BioAm.
Venturing into the unknown
With distributions down since the internet bust, exit doors shut and fundraising at a standstill, the venture capital industry in the US - and elsewhere - is at a crossroads. Smaller firms, lower returns and adapting to a global market are the next likely...
SWITZERLAND – VCs back NovImmune with CHF 62.5m
BZ Bank has led a CHF 63m investment round in biotechnology company NovImmune SA, alongside new and existing investors including Novartis Venture Fund, Aravis Venture, and Lombard Odier Darier Hentsch among others.