Early-stage
SWEDEN – Moberg Derma attracts SEK 40m in share issue
Swedish pharmaceutical company Moberg Derma has attracted SEK 40m (EUR 4.3m) from the Baltic Sea Foundation and other private investors in a new share issue. The company has now raised SEK 73m (EUR 8m) since its founding in 2006.
UK - Advent Ventures leads $24m ORECon deal
Advent Venture Partners has led a $24m round into wave energy device developer ORECon.
FRANCE – Truffle backs consultancy in EUR 2m deal
Truffle Capital has pumped EUR 2.1m into French consultancy firm Eco-Carbone. The business was set up in 2001 as a specialist adviser for climate change mitigation. Eco-Carbone’s two main areas of focus are acting as a consultant to coal mines, and as...
GERMANY - Neuhaus Partners finances Telcast
Neuhaus Partners has, together with business angels Stefan Wiskemann and Ulrich Brunet, invested an undisclosed sum in media company Telcast Media Group GmbH.
SPAIN – La Caixa backs pharmaceutical company Omnia Molecular
Caixa Capital Semilla, the venture capital branch of La Caixa has closed an initial EUR 600,000 round of financing for antibiotics firm Omnia Molecular.
GERMANY – Index Ventures & Wellington Partners invest $80m in Adconion
Index Ventures led a series-C round of funding for online advertising networks business Adconion Media Group, and was joined by existing investor Wellington Partners, with the total sum amounting to $80m.
FRANCE – Innovacom invests EUR 2m in Dimelo
Innovacom has invested EUR 2m in Dimelo through its fund Innovacom for a minority share of the company.
UK - Finance Wales invests £500,000 funding round in pharmaceuticals business
Finance Wales has backed a ТЃ500,000 fundraising round for Dee Pharmaceuticals. Dee, based in Wrexham, North Wales, specialises in the sale and marketing of branded prescription pharmaceuticals with particular focus on the misuse of substances of abuse...
GERMANY - Novo Nordisk Biotech Fund brings total raised in Affimed to EUR 30m
Novo Nordisk Biotech Fund has committed EUR 5m to a second closing of a series-B funding round for Affimed Therapeutics AG, bringing the total raised at this stage to EUR 30m.
UK - Liverpool Seed Fund leads £470,000 round for ProKyma
ProKyma, a spinout from the Defence Science and Technology Laboratory has received ТЃ470,000 in funding led by Merseyside Special Investment Fundтs Liverpool Seed Fund. The National Endowment for Science, Technology and the Arts (NESTA), Rainbow Seed...
UK - MVM provides further seed funding for Heptares
MVM Life Science Partners has provided drug discovery company Heptares Therapuetics with a further round of seed funding. MVM backed the establishment of Heptares, a spinout from the Medical Research Council, in 2007.
UK - NESTA leads £1.2m funding round in Camrivox
Camirox Ltd, a Cambridge-based developer of computer telephony integration, has raised ТЃ1.2m from a consortium of investors led by NESTA Investments.
FRANCE - Ventech and Neuf Cegetel inject EUR 6m in Wengo
Ventech and Neuf Cegetel have invested EUR 6m in a second round of financing of Wengo.
GERMANY - High-Tech Gründerfonds invests in Contros Systems & Solutions GmbH
Seed investors High-Tech Gründerfonds, MAZ level one and business angel Paal Nordby from Norway have provided funding for CONTROS Systems & Solutions GmbH, a Kiel-based developer, producer and distributor of underwater sensor systems to detect hydrocarbons,...
UK - South West venture funds back Atlas Genetics with £2.1m
South West Ventures Fund and Finance South West Growth Fund have led a ТЃ2.1m further funding round in Bath-based company, Atlas Genetics.This latest round sees further funding being provided by existing investors, South West Ventures Fund, GEIF and private...
UK - NESTA invests £100,000 in start-up gaming business
The National Endowment for Science, Technology and the Arts (NESTA) is investing ТЃ100,000 to help develop тSix to Startт, an innovative entertainment start-up company that creates immersive Alternate Reality Games.
UK - Seatwave raises $25m series-C led by Fideity Ventures
Fidelity Ventures has joined existing investors Atlas Venture, Mangrove Capital and Adinvest in a $25m series-C funding round for Seatwave, a ticket exchange website. The new capital brings the total raised by the company since it was founded in 2006,...
UK - London Seed Capital backs Magpie with £500,000
London Seed Capital has provided Magpie Ltd, the company behind social media analytics tool Brandwatch, with funding totalling ТЃ500,000. Led by London Seed Capital, the round includes a select group of business angels.
UK - MSIF leads £360,000 investment in concrete mixing business
Merseyside Special Investment Fund (MSIF) has led a ТЃ360,000 investment in Nurock, a company which has developed an innovative hyrdraulic concrete mixing system.
UK - Creative Ventures and Finance South West back online video platform
Creative Ventures Group, YFM-managed Finance South West Growth Fund and private investors have led a series-B round of funding for Coull, a provider of interactive online video publishing platforms. With this investment, Coull has launches two products...
ITALY - Quantica backs hi-tech Kee Square
Quantica has acquired a 50% stake in hi-tech player Kee Square through the Principia I fund.
UK - Skype-engineers ASI invest in Kindo
Ambient Sound Investments (ASI), Skype's founding engineers, have provided family network website Kindo with seed financing. ASI joins other seed investors including Saul and Robin Klein of The Accelerator Group (TAG), and Stefan GlУЄnzer, first investor...
UK - DFJ Esprit and BOSGE provide PacketExchange with $12m series-B funding
Existing investors DFJ Esprit and Bank of Scotland Growth Equity have invested $12m in PacketExchange as part of a series-B funding round for the wide-area internet exchange service company. In conjunction with the funding, PacketExchange also announced...
FRANCE – Sofimac and CDC Entreprises invest EUR 2m in Onixxa
Sofimac Partners and CDC Entreprises have jointly invested EUR 2m in Onixxa. Founder Phillippe Andrieu retains a majority stake in the company following the deal.