Expansion
AUSTRIA – Atlas co-leads EUR 14m ProtAffin financing
Atlas Venture and SR One Ltd, the corporate venture fund of GlaxoSmithKline, have co-lead a EUR 14m Series-B round of financing for biotechnology company ProtAffin AG, alongside existing investors Aescap Venture, Entrepreneurs Fund and Z-Cube.
SWITZERLAND - Newfund makes maiden investment in Learnissimo
Newfund has made its first investment: purchasing a minority stake in Learnissimo, an e-learning company.
UK - 3i and Doughty further invest in Garlik
3i and Doughty Hanson Technology have led a ТЃ1.6m series-C funding round for online identity company Garlik, alongside management and individual investors.
UK - NWBIS invests in EA Technology Ventures
North West Business Scheme (NWBIS), managed by YFM Private Equity, has invested an undisclosed sum into funding vehicle EA Technology Ventures, part of the EA Technology Group.
UK - Acton et al. invest £10m into Glasses Direct
Acton Capital Partners has led a ТЃ10m second round of funding for prescription glasses retailer Glasses Direct, alongside return backers Index Ventures and Highland Capital Partners.
UK - LDC invests £6.5m in NESL
LDC has invested ТЃ6.5m into engineering solutions group Nuclear Engineering Services Limited (NESL).
UK - TPG to pump more funds into British Vita
Reports suggest that TPG Capital has agreed a restructuring plan with lenders to portfolio company British Vita, a UK-based chemicals group, that will see the buyout house inject extra capital into the company, while some of the debt will be converted...
FRANCE - Avenir and Siparex back Sushi West
Avenir Entreprises and the Siparex Proximité 3 fund have invested an undisclosed sum into Sushi West, a fast food sushi restaurant chain, taking a minority stake in the company.
IRELAND - SEP et al. invest €2.1m into Clavis Technology
Scottish Equity Partners (SEP) has led a тЌ2.1m series-A round of funding for software company Clavis Technology, alongside Delta Partners, Enterprise Ireland and software industry professional Jim Mountjoy.
FRANCE - ENEX supports Louise Entreprises
Geneva-based ENEX Group has backed perfume company Louise Entreprises with an investment valued at between EUR 1-8m.
FRANCE - Oddo and Galiléo back MeilleurMobile with EUR 3m
Oddo Private Equity has joined returning investors Galiléo Partners and Fastnet Investissements for a EUR 3m third round of financing for online mobile telephone retailer MeilleurMobile.
FRANCE/US - Elaia et al. invest EUR 11m into GOOM Radio
Elaia Partners, Partech International, Wellington Partners and 123 Venture have invested EUR 11m into Go On Media, the owner of digital radio station GOOM Radio.
UK - BlueGem invests £15m into Panmure
Mid-market investor group BlueGem Capital Partners has invested ТЃ15m into beleaguered listed stockbroker Panmure Gordon, taking a 40% stake in the business.
UK - Accel Partners et al. complete £4m Autoquake investment
Accel Partners and Highland Capital Partners have further backed online used-car retailer Autoquake with a ТЃ4m investment.
FINLAND - NorthZone et al. invest $15m into Imbera
NorthZone Ventures, Index Ventures, and Conor Venture Partners have invested $15m into technology company Imbera Electronics as part of a series-B funding round.
UK- Octopus Ventures further invests £900,000 in Phasor Solutions
Octupus Ventures has invested a further ТЃ900,000 in satellite communication company Phasor Solutions, as part of a ТЃ1.5m funding round.
GERMANY – 3i-backed Labco acquires AescuLabor-Karlsruhe
3i-backed Labco has acquired AescuLabor-Karlsruhe, a medical diagnostics company based in Karlsruhe. In addition to a debt package provided by a bank syndicate, 3i supported the transaction with additional financing of up to EUR 65m.
GERMANY – BayBG backs EUR 1m jCOM1 investment
BayBG and KfW banking group have jointly invested EUR 1m into software developer jCOM1 AG in the framework of a silent partnership.
UK - LCA provides £500,000 follow-on funding to Proven Energy
Low Carbon Accelerator (LCA), managed by Low Carbon Investors, has invested a further ТЃ500,000 into wind turbine manufacturer Proven Energy Ltd, increasing its equity holding in the business to 49.8%.
SPAIN - Kennet leads EUR 14.9m BuyVIP funding
Kennet Partners has led a EUR 14.9m financing round for online retailer BuyVIP, alongside existing investors Bertelsmann Digital Media Investments (BDMI), 3i Group and Active Capital Partners.
FRANCE - Sofinnova leads EUR 4m investment into Neosens
Sofinnova Partners has led a EUR 4m investment into technology company Neosens, alongside Belgian investor Capricorn Ventures, GALIA Gestion, ICSO Private Equity and IRDI.
UK - BRM and Cubits back $6.3m eToro investment
Isreali investor BRM Group and Cubit Investments are amongst several private equity groups that have supported online financial trading platform eToro with funding totalling more than $6m.
FRANCE - Carvest makes EUR 2m Olives investment
Carvest has completed an investment of EUR 2m into food products company Groupe Olives & Co to finance the acquisition of fellow food producer Raymond Geoffroy.
BELGIUM - Gimv invests in Bananas BC
Belgian private equity house Gimv has made an undisclosed investment into marketing business Bananas BC.