Expansion
From the Bench raises €1m from Caixa and Bonsai
Alicante-based social games developer From the Bench has raised €1m from Caixa Capital Risc and Bonsai Venture Capital.
Alven injects €3m into Bime
French VC Alven Capital has invested €3m in business intelligence software Bime.
BPI France's Cassiopae makes two bolt-ons
BPI France Ile-de-France and BNP Paribas Développement have supported portfolio company Cassiopae’s acquisitions of Germany-based Singhammer dtSoftware and the Crédito division of Brazil-based Disoft Solutions.
Ambar Venture Capital backs TechnoActivity
Spanish venture capital investor Ambar Venture Capital has committed €2.4m to TechnoActivity, a mobile payments provider, according to reports in the Spanish press.
Partech et al. back Pricematch with €1m
Partech Ventures, via its recently closed Partech Entrepreneur seed fund, has taken part in a €1m round for Pricematch, a French software company specialising in revenue management for hotels.
Octopus leads £3.8m round for Kabbee
Octopus Investments and Moneysupermarket.com founder Simon Nixon have provided Kabbee, a price comparison app for London minicabs, with a ТЃ3.8m series-A round of funding.
Kernel et al. back TCAS
Kernel Capital, Enterprise Ireland and private investors have injected тЌ650,000 into TCAS Online, a Dublin-based provider of software for student accommodation managers.
Almi Invest injects SEK 3.9m in Silent Order
Almi Invest has backed Silent Order, a Swedish mobile app that allows users to pre-pay for drinks in restaurants and bars.
Elaia leads series-A for 1001 Menus
Elaia Partners has led a €1.35m series-A funding round for 1001 Menus, a French start-up catering to the restaurant industry, alongside several angel investors.
German Startups Group and Ventech back TVSmiles
German Startups Group (GSG) has teamed up with Ventech and a consortium of business angels to invest in a series-A financing round for TVSmiles, an interactive advertisement application.
Nokia Growth Partners injects $6m into Mag Interactive
Nokia Growth Partners and an unnamed private investor have invested $6m in Swedish mobile game app Mag Interactive.
SBT Venture Capital et al. back Walkbase
SBT Venture Capital and Olli-Pekka Kallasvuo have provided тЌ3m in series-A funding for Walkbase, a Finland-based marketing optimisation platform.
Project A Ventures backs Tictail
Project A Ventures has invested тЌ600,000 in Stockholm-based e-commerce start-up Tictail.
Sequoia et al. in $19m round for 6Wunderkinder
Sequoia Capital, Earlybird and Atomico have backed 6Wunderkinder in a $19m series-B financing round, in what marks US-based Sequoia’s first investment in Germany.
BPE sells Domilens to Odewald's Polytech
BPE Unternehmensbeteiligungen has sold medical devices manufacturer Domilens to fellow private equity house Odewald & Compagnie’s Polytech Gruppe, a medical equipment supplier.
Elaia and Isai back tinyclues
Elaia Partners and Isai have backed French software company tinyclues with a €1.4m investment alongside several business angels.
FTV acquires stake in World First
FTV Capital has acquired a significant minority stake in London-based foreign exchange business World First.
Bridges backs budget hotel Qbic
Bridges Ventures has backed budget boutique hotel Qbic London City Hotel via its Bridges Sustainable Growth Fund III.
Gimv leads €8.5m round for Itineris
Gimv and PMV have invested €8.5m in Belgian software company Itineris, alongside the company’s founder and CEO.
European private equity activity drops to 2005 lows
Findings from the latest unquote” Private Equity Barometer, published in association with SL Capital Partners, reveal a worrying drop in deal volumes, falling to the same level as Q4 2005.
BGF injects £2.5m into Sub10
The Business Growth Fund (BGF) has invested ТЃ2.5m in Devon-based Sub10 Systems.
Seraphim backs Aria
Seraphim Capital has led a $4m funding round for UK-based Aria Networks alongside the UK governmentтs Capital for Enterprise fund.
Vallis joins Inter-Risco in 32 Senses
Vallis Capital Partners has provided expansion capital to Portuguese dental business 32 Senses.
HTGF et al. back HiperScan with €450,000
High-Tech Gründerfonds (HTGF), HCS Beteiligungsgesellschaft and the Technologiegründerfonds Sachsen have backed near-infrared spectroscopy (NIR) developer HiperScan with €450,000.