EdRIP and Demeter complete EUR20m deals

Two large EUR20m expansion deals were completed this month. First Demeter Partners, Schneider Electric Ventures and TechFund returned for a second EUR20m capital increase in Solairedirect, a renewable energy producer. The original investors were joined by new investor duo Ofivalmo Partners and Macif, who provided the remaining half of the investment.

The second deal was made by Edmond de Rothschild Investment Partners (EdRIP), who led a EUR20m second round of financing for SuperSonic Imagine, a developer of a unique medical ultrasound technology for assessing tissue elasticity. EdRip provided EUR7m while returning investors Auriga Partners, Credit Agricole Private Equity (CAPE), NBGI Ventures and BioAm provided the balance.

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