Expansion
UK - Modus completes second deal with £11.4m development capital investment
Modus Private Equity has backed insurance administrator Fish Administration Ltd with £11.4m of development capital. The deal represents MPE's second since being set up 12 months ago by Paul Newton, Mike Rogan, Paul Hogarth and Brendan Flood.
UK - Enterprise Ventures completes further investment in Into Technology
Enterprise Ventures has completed a further investment in e-trading platform specialist Into Technology Holdings Ltd through its RisingStars Growth Fund. The £1.25m funding package included commitments from other existing investors North West Equity...
SPAIN - Kimia receives EUR 2m in backing from Debaeque
Media content developer Kimia Solutions has received EUR 2m in a series-A financing round led by Debaeque Venture Capital.
FRANCE - Fabless design company receives $10m A-round funding
Pond Venture Partners and Partech International have invested $10m in Acco, an analog and RF semiconductor design company.
UK - London Technology Fund participates in £2.6m funding for Acrobot
London Technology Fund (LTF) has completed an investment in Acrobot, a company focusing on computer assistance for orthopaedic surgery. LTF is part of a syndicate investing up to £2.6m. The syndicate includes PUK Ventures and Imperial Innovations Group...
UK - Bridges Ventures invests £2.3m in keyworker housing
Bridges Ventures has invested £2.3m to fund the purchase of three blocks of studio apartments to provide key worker housing. The buildings acquired by a newco established by Bridges will provide accommodation for hospital staff employed by Plymouth Hospitals...
GERMANY – BayBG invests in Proteros Biostructures
BayBG Bayerische Beteiligungsgesellschaft mbH has participated in a EUR 4.2m second round of financing for protein analysis specialist Proteros Biostructures GmbH. BayBG invested EUR 1m as a ‘stille Beteiligung’.
UK - ECI-backed wireless networks company makes £24m acquisition
ECI Partners portfolio company Aerial Facilities (AFL) has acquired its Swedish-based competitor, Avitec AB for up to £24m. Avitec was formerly owned by CapMan, 3i and a number of private investors. AFL designs, manufactures and installs specialist products...
FRANCE - Dailymotion raises extra EUR 20m
Video sharing website Dailymotion has received EUR 20m in a second round of funding, according to French press reports.
DENMARK - watAgame secures $3m for web 2.0 game from Accel Partners et al.
WatAgame has secured a $3m funding round from Accel Partners for its social networking game, goSupermodel, for teenage girls centered around fashion and user generated content. Seed Capital and Vækstfonden have also participated in the investment round.
UK - 3i invests in listed Venture Production
3i, alongside ArcLight Capital Partners, has invested in oil and gas firm Venture Production. The total investment of over £200m consists of newly issued convertible unsecured bonds, the conversion of one of ArcLight's existing joint investments with...
SPAIN - BuyVIP receives second round of funding from 3i
A 3i-led consortium has invested EUR 7m in a second round of funding for e-commerce community BuyVIP. 3i invested EUR 5.75m, with Active Capital Partners and several business angels providing the balance.
ITALY - Finlombarda and Innogest invest EUR 1.5m in IT security business
Finlombarda Gestioni and Innogest Capital Fund have announced their joint investment in HT S.r.l, a Milan-based firm focused on the development and trading of innovative IT security intelligence products and services.
NORWAY - TH!NK attracts $60m investment
TH!NK Global, a Norwegian producer of environmently friendly cars, has completed a private placement of $60m from several investors including, DFJ Element and RockPort Capital Partners. Other private high-net worth Norwegian investors including Petter...
SWEDEN - Industrifonden participates in SEK 20m round in Osteria Sverige
Industrifonden has invested SEK 6m in a SEK 20m round in Osteria Sverige, a company that is in the process of starting to produce and sell oysters.
GERMANY - bm-t invests in Lalisio GmbH
bm-t beteiligungsmanagement thüringen gmbh has acquired a 25% stake in German online network Lalisio GmbH. The invested amount has not been disclosed. bm-t has supported the growth of the company since 2006.
CEE - 3TS invests in Romanian Romprest Services
3TS has acquired a 30% stake in Romprest Services SA, the Romanian cleaning and facilities management group. The investment was made from the 3TS Central European Fund II in which 3i is the sole investor.
UK - Close Ventures leads £4.36m funding into Oxsensis
Close Ventures has led a £4.36m round of funding for Oxsensis, an industrial technology firm. Foursome Investments and existing investors also committed to the funding round. Oxsensis develops fibre-optic instrumentation for precision controls in harsh...
UK - ETF leads £13m investment in Metalysis
Environmental Technologies Fund (ETF) has led a £13m funding round for Metalysis, a technology business for the specialty metals industry. 3i, QinetiQ, Seven Spires, Chord Capital and Cambridge Capital Group also participated in the round. The investment...
FRANCE - Aurel Nextstage invests in Colorado
CRM and call centre specialist Colorado Conseil & Formation has received EUR 2.5m from French venture and growth capital firm Aurel Nextstage.
SWEDEN - Proventus invests SEK 70m to save J.Lindeberg
Proventus has agreed to invest SEK 70m in fashion company J.Lindeberg. The deal gives Proventus a 35% stake in the business which has recently experienced difficulties between founder Johan Lindeberg and the current owners. Following the new investment,...
FRANCE - Crédit Agricole Private Equity leads EUR 10.5m investment in Valorem
Via its fund Capenergie, Crédit Agricole Private Equity (CAPE) has led a first round of funding in wind farm developer Valorem, alongside Avenir Entreprises and Grand Sud Ouest Capital (GSO).
BELGIUM - KBC Arkiv invests EUR 1m in Intek
KBC Arkiv has injected EUR 1m in Intek, a Flemish manufacturer of proprietary innovative electro-mechanical keys, which combine the benefits of traditional cylinder locks and badge access control systems.
BELGIUM – KBC Private Equity invests in Wever & Ducré
KBC Private Equity together with the current principal shareholder Frank Deceunick, has invested in Belgian lighting company Wever & Ducré. The new funding will be used to further grow the company organically and externally.