Technology
FRANCE - Innovacom leads EUR 4m Streamezzo funding
Innovacom has joined returning investors Sofinnova Partners, Sofinnova Ventures, Qualcomm, NTEC and GET Valorisation in a EUR 4m funding round for Streamezzo, a provider of rich application software platforms for mobile.
SWEDEN - Amadeus and Northzone lead EUR 16m Tobii funding
Amadeus Capital Partners and Northzone Ventures have led a EUR 16m series-B funding round for eye-tracking systems developer Tobii, alongside exisiting backer Investor Growth Capital, the venture capital arm of industrial holding Investor AB.
UK - CGC buys Pragma and Real Time in £27.8m deal
Close Growth Capital (CGC) has backed the ТЃ28m management buyout of Pragma and Real Time, the UK IT services businesses of Sword Group Plc, the listed French IT company. Scottish Enterprise, Clysedale Bank and management also invested.
UK - Octopus Ventures appoints investor director
Octopus Ventures, specialist investors in UK-based early-stage and expanding companies, has hired Jo Oliver as investor director.
GERMANY – Yellow&Blue joins P21 backers in EUR 10m round
Yellow&Blue Investment Management has led a EUR 10m financing round in P21 GmbH alongside management and existing investors Target Partners and Conduit Ventures.
UK - Eden Ventures et al. further invest in VoiceVault
Eden Ventures has further invested in Biometric Security's VoiceVault, the specialist provider of voice-based biometric identity verification solutions, as part of a ТЃ1.5m round of funding. Software development expert Kevin Lomax also contributed and...
CIS - EBRD may back Dragon's Virgin Fund
The European Bank for Reconstruction & Development (EBRD), the largest investor in Central & Eastern Europe, may invest up to $30m in the Europe Virgin Fund, a vehicle sponsored by Dragon Capital to invest in FMCG, retail, industrials, telecom, media,...
UK- Blackstone-backed Deutsche Telecom may sell UK operations
Blackstone-backed Deutsche Telecom is reportedly under pressure from its main shareholders to sell its troubled UK mobile operations, T-Mobile.
Expanding horizons
While the European private equity market lies in tatters, the ^Q1 2009 unquote" Private Equity Barometer, produced in association with Candover, announces optimistic statistics for the Benelux market. Although the region has been affected by debt issues,...
GERMANY - Hasso Plattner Ventures invests in Feedzilla
Hasso Plattner Ventures has invested an undisclosed sum into software company Feedzilla AG, alongside business angels Arnon Katz and Mehrdaad Piroozram.
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.
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.
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.