Expansion
GERMANY – Klastech raises EUR 2.1m
German start-up Klastech Karpushko Laser Technology GmbH has received EUR 2.1m as part of a series-A funding round led by Triangle Venture Capital Group. The financing will be used to build up international sales and marketing for the company as well...
UK - Amadues, Accel and TVM invest $22.5m in Cambridge Broadband
Cambridge Broadband, the developer of carrier-class wireless transmission equipment for cellular backhaul, has raised $22.5m of funding. Taking part in this round were existing investors Amadeus Capital, Accel Partners and TVM Capital, together with new...
UK - Nordic Venture Partners leads £5m funding for Player X
Mobile media company Player X has received a second round of venture funding provided by new investors Nordic Venture Partners and Long Acre Partners. This follows a first round of funding in 2005 from Arts Alliance and Bullion International.
UK - Wales Creative IP funds film
Flick, a new film directed by David Howard, has received funding from the ТЃ7m Wales Creative IP Fund.
GERMANY - bm-t invests in Analytik Jena AG
bm-t beteiligungsmanangement thüringen GmbH has invested EUR 1m in manufacturer of high performance and analytical instruments Analytik Jena AG. Following its investment the venture capitalist will hold a 3% shareholding in the company.
FINLAND - Innofinance and FII invest in bio-gas company
Innofinance and Finnish Industry Investment have invested EUR 600,000 in Tampere-based bio-gas company Puhdas Energia Oy. Founded in 2001, it focuses on optimising small scale fixed bed gasification technology.
FRANCE - XAnge and Auriga invest EUR 5m in marketing software developer Neolane
XAnge has led the EUR 5m second round of venture funding in marketing and communications software developer Neolane. Auriga Partners, which invested EUR 2m alongside the company's CEO and management in 2002, re-invested on this occasion.
DENMARK - Asetek receives $4m in funding
Asetek, a provider of thermal management solutions for semiconductors, has secured a $4m investment following the $5m round closed last year. Northzone Ventures, Vaekstfonden, KT Venture Group, and a group of private investor participated in the round....
UK - Foresight invests for surge in online video advertising
Foresight Venture Partners has invested ТЃ2.5m in UTarget, the online advertising services company. UTarget has created the UKтs first online TV and video advertising network, serving full page TV-style ads on websites for major brand clients. A challenge...
GERMANY - Partech invests in video-games search engine
Partech International has led a EUR 6m second round of funding in international video-games search engine Wazag.
UK - Bridges backs Birmingham-based School Stickers with £1.42m of funding
Bridges Community Ventures has invested ТЃ1.42m in School Stickers, a Birmingham-based manufacturer of customised motivational stickers and postcards for schools. This is Bridges 2nd investment from its new fund, Bridges Community Development Venture...
UK - Welsh biopharmaceutical company receives £1m investment
The Welsh Assembly Government has invested ТЃ1m through its SMARTCymru programme to Protherics Plc, a biopharmaceutical company which has its main manufacturing operations in Ceredigion. The grant will be used to support the manufacture of Prothericsт...
UK - North West Equtiy Fund invests £250,000 in medical communications company
North West Equity Fund has invested ТЃ250,000 into Cheshire-based CSF Medical Communications Limited (CSF).
SWITZERLAND - 4-Antibody raises CHF 17m series-A financing round
4-Antibody AG has received a CHF 17m series-A financing round led by new investor Advent Venture Partners, together with existing lead investors Life Sciences Partners (LSP) and BioMedinvest AG. All other existing investors Grazia Equity, Mulligan Biocapital...
FRANCE - ACE Management and 123Venture invest EUR 3m in Tetco
ACE Management and 123Venture have invested EUR 3m in the third round of funding for VoIP software developer Tetco. ACE Management invested on behalf of Advance Capital Europe, UFF Innovation III and Financière de Brienne.
GERMANY - BayBG invests in biotech company
Venture capital investor BayBG Bayerische Beteiligungsgesellschaft mbH has invested an undisclosed amount in CANDOR Bioscience GmbH, a supplier and service provider for GLP laboratories and pharmaceutical industry. The company will use the new capital...
FRANCE - Innovacom backs online data stocking software developer
Software developer Agematis has received its first round of funding from French investor Innovacom. The private equity investor injected EUR 2.5m in the company.
UK - Imperial Innovations invests in Equinox Pharma
Imperial Innovations Group plc has invested ТЃ250,000 in Equinox Pharma Limited, a company providing advanced software products to the pharma and biopharma industry. The investment in Equinox was part of a ТЃ500,000 seed funding round, which also included...
FRANCE - XAnge Capital raises EUR 15m
XAnge Private Equity's evergreen investment vehicle XAnge Capital has completed its second fundraising. The vehicle, which was created in April 2003, gathered EUR 15m from its previous investors.
UK - The Capital Fund provides instant messaging provider with £250,000
The Capital Fund has provided secure instant messaging service provider, Presence Networks, with ТЃ250,000 of expansion capital. One of a series of significant investments in Presence Networks, The Capital Fundтs backing will help take the companyтs products...
UK - Finance Wales invests £600,000 in animation company
Walesт largest independent animation studio is planning further international expansion after securing a ТЃ600,000 capital investment from Finance Wales which will see it take a minority stake in the company. BAFTA award-winning company, Calon, will develop...
ITALY - Mobango secures backing from Doughty Hanson
Doughty Hanson Technology Ventures has invested EUR 2m in Mobango, an online and mobile services developer.
GERMANY - Buchanan Capital Partners acquires stake in time:matters
Funds advised by Buchanan Capital Partners have acquired a majority stake in time:matters GmbH, the Neu-Isenburg-based specialist logistics company, a wholly-owned subsidiary of Lufthansa Cargo AG.
UK - Advent Venture Partners leads $10m investment in Open Cloud
OpenCloud Ltd, a leading supplier of next generation application servers to the telecommunications industry, has received its first institutional funding in a round led by Advent Venture Partners. The round, totalling $10.25m, includes investment from...