Technology
Powervation raises $5.5m
Cork-based semiconductor firm Powervation has raised $5.5m in a series-C1 funding round.
Highland's AMCS bolts on PCST
Irish company Advanced Manufacturing Control Systems Group (AMCS), backed by Highland Capital Partners and Investec, has acquired US firm PC Scale Technologies (PCST).
DFJ leads £5m investment in SportPursuit
DFJ Esprit has led a ТЃ5m investment round for SportPursuit, a UK sport flash sales site.
Creandum backs Fitbay
Creandum has injected $400,000 in an angel round for Fitbay, a social network for online clothes shopping.
Mid Europa sells TMCZ for €828m
Mid Europa Partners has sold its 39.23% stake in T-Mobile Czech Republic (TMCZ) to Deutsche Telekom for a total consideration of €828m.
Sequoia leads $18.8m round for Truecaller
Sequoia Capital has led an $18.8m series-B financing round for Stockholm-based Truecaller, a mobile number verification directory.
T-Venture backs Teqcycle Solutions
T-Venture has led a funding round for Teqcycle Solutions, a Munich-based provider of mobile device trade-in solutions.
Deal in focus: Montezemolo, Amadeus and Keensight sell Octo
Octo Telematics' backers, seeking a buyer for the Rome-based firm, profited from Renova Group's appetite for high-tech investments relevant to the Russian market.
MIF invests €1.2m in MI Airline
Mainport Innovation Fund (MIF) has injected €1.2m into MI Airline, the Dutch developer of a tablet app for airline cabin crews.
SEP et al. sell Zinwave to McWane
US manufacturing company McWane has acquired venture capital-backed Zinwave, a UK provider of in-building wireless coverage infrastructure.
Paua et al. back mbrace
Paua Ventures, Astutia Ventures and IBB Beteiligungsgesellschaft have provided a seven-digit investment in a seed funding round for mbrace, a German social discovery and dating app.
Alven invests €1.5m in Wisembly
Alven Capital has made an investment of €1.5m in Wisembly, a French provider of mobile software for meetings and conference calls.
CVC in $1bn Avast deal
CVC Capital Partners has backed Prague-based consumer security software company Avast in a deal that values the business at $1bn.
HgCapital to reap 2.1x in Manx IPO
The IPO of HgCapital's Isle of Man-based telecoms operator Manx Telecom will give the company a market cap of around ТЃ160.2m and generate a 2.1x money multiple for its backer.
Investors pump further $20m into Foodpanda
Phenomen Ventures has joined other investors in a $20m funding round for Berlin-based food delivery platform Foodpanda.
Amadeus, Montezemolo sell Octo Telematics for €405m
Amadeus Capital Partners and Montezemolo & Partners have sold Rome-based Octo Telematics, a provider of telematics services and systems for the insurance and automotive market, to Russia's Renova Group for €405m.
Elysian supports Wellbeing MBO
Elysian Capital has backed the management buyout of healthcare IT business Wellbeing Software Group.
Northzone et al. back Mojn
Northzone Ventures and other backers have invested $4m in a series-A financing round for Mojn, a Danish targeted e-mails company.
Insight leads $27m round for Vinted
Insight Venture Partners and Accel Partners have taken part in a $27m series-B funding round for Vinted, a Lithuanian mobile marketplace platform for second-hand clothing.
United Ventures holds second close on €50m
Italian venture capital firm United Ventures has held a second close on more than €50m with the support of the European Investment Fund (EIF).
VCs sell NaturalMotion to Zynga for $527m
NYSE-listed game developer Zynga has acquired NaturalMotion, a UK-based animation technology firm backed by Balderton Capital, for $527m.
SBT makes first UK investment in Red Zebra
Fintech-focused investor SBT Venture Capital has made a capital commitment to UK-based Red Zebra Analytics, marking its first investment in the UK.
Grupo Ono files IPO documents with Spanish regulator
Spanish broadband operator Grupo Ono is to pursue a listing and has filed documents with the Spanish regulator CNMV.
Creandum backs Hansoft
Creandum has led an $8.4m investment round for Hansoft, an Uppsala-based software company.