Early-stage
GERMANY – High-Tech Gründerfond leads seed round
High-Tech Gründerfond along with business angels and strategic investor Vita 34 AG has led a seed financing round for Urotec GmbH, a tissue engineering company.
SPAIN – Seed Gipuzkoa in double investment
Basque country venture capitalist Seed Gipuzkoa has invested EUR 250,000 in chemical-pharmaceutical company Ikerchem and EUR 200,000 in database group Saludnova.
GERMANY - Syndicate in seed financing for InflaRx
Swiss business platform Affentranger Associates, alongside bm-t beteiligungsmanagement thüringen gmbh, has provided seed financing to biotechnology company InflaRx GmbH.
UK - Creative Capital invests in mydish.co.uk
The Creative Capital Fund has invested £105,000 in social networking site mydish.co.uk.
FRANCE - Scottish Equity Partners lead B-round in Stentys
Scottish Equity Partners has led a EUR 11.5m B-round of financing in Stentys. Incumbent backer Sofinnova Partners also invested.
UK - Bestport makes futher investment in Mfuse
Bestport Ventures has invested a further £850.000 in mobile-enabling provider Mfuse as part of a £2.55 funding round. New investors include Mark Blandford, founder of Sportingbet, who will be joining Mfuse's board.
UK - SPARK and Beringea invest $8m in insango!
SPARK Ventures and Beringea have invested $4m and $2.5m respectively in internet travel provider insango! alongside $1.5m from existing shareholders.
SPAIN – Caja Madrid backs fashion group
Capital Riesgo Madrid the private equity arm of Caja Madrid has acquired a 37% stake in fashion group AB Diseño y Moda as part of a deal valued at EUR 8m. The group consists of three brands: Elio Berhanyer, Miguel Palacio and Javier Larrainzar.
SPAIN – Clave Mayor backs website Red Karaoke
Clave Mayor has taken a minority stake in website Red Karaoke in a deal valued at EUR 2m.
UK - Partnership Investment and YFM invest £1m in REM Probe
Partnership Investment Finance and YFM Venture Finance have invested £1m in software company REM Probe. YFM invested through its Yorkshire and Humber Equity Fund.
UK - New Enterprise Associates leads £2m round in advertising company
New Enterprise Associates has led a £2m funding round in mobile advertising company Rapid Mobile Media. Edinburgh-based Rapid Mobile Media was founded in February 2004 and has launched a white-label platform for mobile advertising.
UK - Balderton invests in online reservations system
London-based online restaurant reservation systems Livebookings has raised £6.5 million in a funding round led by Balderton Capital.
SPAIN – Corsabe invests in biotech player
Spanish private equity firm Corsabe has participated in a capital expansion round in biotechnology company Oryzon, acquiring a 3.5% stake. Ordesa Laboratories also invested for a 3% stake.
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...
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 £500,000 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 £470,000 in funding led by Merseyside Special Investment Fund’s 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.