Sector
GERMANY - Target Partners backs Scoreloop
Target Partners has provided an undisclosed seed investment to software company Scoreloop AG.
BELGIUM - Gimv leads EUR 3m Eclipse investment
Gimv has invested EUR 2m as part of a EUR 3m series-A funding round for software business Eclipse International NV, alongside the Vlaamse Innovatiefonds Vinnof (Flemish Innovation Fund) and management.
UK - LDC invests £6.5m in NESL
LDC has invested ТЃ6.5m into engineering solutions group Nuclear Engineering Services Limited (NESL).
UK - NSEI invests further in Quick.tv
NorthStar Equity Investors (NSEI), alongside new and existing investors, has led a ТЃ335,000 funding round for online video company Quick.tv.
GERMANY - HTGF invests EUR 500,000 into RapidRabb
High-Tech Gründerfonds (HTGF) has invested EUR 500,000 into software prototyping company RapidRabb GmbH in a first round of financing.
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.
PIK your partners wisely
Written off as a bubble phenomenon, PIK is creeping back into companies in distress. This is likely a sign of future troubles. Kimberly Romaine reports
FRANCE - Clipperton Finance hires new partner
Corporate financier Clipperton Finance has hired Thibaut Revel as a new partner.
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.
AUSTRIA - Perusa sells Guss Komponenten to mutares
Perusa Partners has sold metal parts company Guss Komponenten GmbH to listed mutares AG for an undisclosed sum.
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 - Nexit-backed Limbo to merge with Brightkite
Nexit Venture-backed mobile social networking site Limbo has merged with fellow social networking platform Brightkite. The two communities will operate under the brand name Brightkite.
GERMANY - Doughty backs SoundCloud with EUR 2.5m
Doughty Hanson Technology Ventures has invested EUR 2.5m into online music platform SoundCloud.
FRANCE - Crédit Agricole PE and Scientipôle Capital in EUR 1m round for SaaS firm
Crédit Agricole Private Equity and Scientipôle Capital have invested EUR 1m into software as a service company (SaaS) firm Scan & Target in a series-A round.
FRANCE – 21 Partners launches EUR 500m fund
According to sources, Franco-Italian private equity firm 21 Partners has launched a EUR 500m fund.