Technology
GERMANY - 3i sells German portfolio to Heidelberg Capital
3i Group Plc has sold a portfolio of 23 minority stakes in German companies to Heidelberg Capital for an undisclosed sum. This represents the second portfolio of investments 3i has divested in the last two months as part of its plan to sell off small...
GERMANY - TVM Capital leads funding round for Winbox
Lead investor TVM Capital and angel-entrepreneur Robert Schneider have completed a first round of financing for Winbox Technologies AG, a provider of OEM technology solutions for Windows-based TV-centric consumer electronics.
BELGIUM - Carlyle completes exit from Transics
Carlyle has sold its 42.2% stake in Transics, a provider of on-board computers and fleet management solutions for the transport and logistics sector, to Parcom. The transaction consisted of a block trade covering 16.5% of the outstanding share capital...
UK - YFM invests £300,000 in eflow
YFM Group managed South West Ventures Fund has invested ТЃ300,000 in eflow Ltd, a specialist software developer for the banking and financial industry.
NETHERLANDS – Big Bang and HENQ invest in Wakoopa
Big Bang Ventures and HENQ have invested in Wakoopa, a Dutch social network site for software users. This funding follows on from an initial investment into the company in January 2007 by the Dutch Creative Industry Fund, which was founded by the four...
GLOBAL - Intel defies economic downturn
Despite the global credit meltdown and resultant sombre sentiment in the investment markets, Intel Capital has invested more than $60m across ten deals in the last couple of weeks.
GERMANY - eCAPITAL invests in Jedox AG
eCAPITAL has led a round of funding for Jedox AG, a supplier of open source based planning, analysis and reporting solutions, alongside existing investor Klaus Wecken, co-founder and former CEO of the KHK Software AG Frankfurt.
UK - SGAM AI and CM-CIC back £11m Jobpartners investment
SociУЉtУЉ GУЉnУЉrale Asset Management Alternative Investments (SGAM AI) and CM-CIC Private Capital have taken part in a ТЃ11m third round of funding for HR software company Jobpartners.
FRANCE – Avenir Finance leads EUR 700,000 investment into Pole Star
Avenir Finance Gestion has led a EUR 700,000 early-stage investment into software company Pole Star. Avenir provided EUR 500,000, with the balance being contributed by a number of business angels.
DENMARK – OpenView injects $4.2m into Zmags
Zmags, a Danish online publications specialist, has closed a series-B funding round of $4.2m with commitments from OpenView Venture Partners, bringing total investments in the company to $7m.
FINLAND – Creandum leads EUR 3.5m funding for Xtract
Creandum has led a EUR 3.5m investment, alongside existing investor Eqvitec, into Xtract, a social advertising intelligence company.
FRANCE - 2 Minutes raises EUR 1m funding
Alliance Entreprendre and Galia Gestion have invested EUR 1.05m in a first round of financing for animation studio 2 Minutes.
ITALY – Apax and TA Associates to acquire minority stake in Weather Holding
Market rumour suggests that Apax and TA Associates could be ready to pay EUR 900m for a 10%-15% stake in Egyptian magnate Naguib Sawiris' Weather Investments Holding.
CEE - Innova Capital promotes partner
Innova Capital has promoted Arkadiusz Podziewski to partner.
DENMARK - Enex Group injects EUR 4.2m into Vopium
Enex Group has invested EUR 4.2m into Vopium, a Copenhagen-based developer of software for mobile telephones that is designed to make international calls less expensive.
ITALY - ICON invests in AriaDSL
A consortium led by Russian group ICON Private Equity and Goldman Sachs has acquired a majority stake in telecommunications company AriaDSL, in a deal valued at EUR 100m.
RUSSIA – Renaissance and Da Vinci lead USD 50m round for EPAM
Renaissance Capital and Da Vinci Capital have co-led a USD 50m funding round for EPAM Systems, a provider of software development outsourcing in Eastern Europe and Russia. Euroventures Capital also participated in the financing.
FRANCE - XAnge Capital completes first exit
XAnge Capital has exited its 28% stake in software company A2iA, which it originally backed in March 2006 alongside Développement & Partenariat.
ITALY - Permira appoints new senior adviser
Permira has announced the appointment of Riccardo Ruggiero, former CEO of Telecom Italia, as its new senior adviser.