Venture
bmp wins mandate for €20m early-stage fund
bmp has won the mandate to manage a €20m early-stage fund in Brandenburg following a Europe-wide tender.
HTGF invests €500,000 in Humedics
High-Tech Gründerfonds has invested €500,000 in Humedics, a spin-off from Freie Universität Berlin and the Charité University Hospital.
Enterprise Investors invests €3m in Smartree
Polish private equity investor Enterprise Investors has invested €3m of expansion capital in Romanian human resources outsourcing company Smartree.
HTGF et al back Humangrid with €3m
SeedCapital Dortmund, High-Tech Gründerfonds (HTGF), and KfW bank's ERP start-up fund have together with business angels have invested a further €m in Humangrid GmbH.
BayBG invests in Thomas Krenn
BayBG has invested in server manufacturer Thomas Krenn AG in exchange for a minority stake in the business.
MMC Ventures launches EIS fund for youngsters
MMC Ventures has launched a tax-efficient EIS fund aimed at younger investors aged between 18-35 years old.
Atomico closes second fund on $165m
Early-stage technology investor Atomico has closed its second fund, Atomico Ventures II, on $165m.
Sunstone Capital backs merger of IMIX and Arcoma
Danish venture capital firm Sunstone Capital has invested and undisclosed sum in IMIX, a provider of superior digital radiography.
Intesa and Innogest in €5m round for Silicon Biosystems
Atlante Ventures, the Venture Capital Fund of the Intesa Sanpaolo Group, and Innogest Capital have co-led a €5m round of financing for Silicon Biosystems SpA.
Creandum and Northzone lead $5m round for Videoplaza
Nordic venture capital firms Northzone Ventures and Creandum have led a $5m investment round for Videoplaza.
Forbion opens Munich office; appoints partner
Dutch venture firm Forbion Capital Partners has opened a new office in Munich and appointed Dr Holger Reithinger as partner.
Northzone in $13m round for Energy Micro
Northzone Ventures and Investinor has invested $13m in microcontroller company Energy Micro.
MIG Fonds et al. in €13m Antisense round
MIG Fonds and Global Asset Management have invested a further €13m in biotechnology company Antisense Pharma GmbH, with management and private investors also taking part in the financing.
VNT invests €2m in dilitronics
Finish VC VNT Management Oy has invested around €2m in LED driver company dilitronics GmbH.
DFJ's secondaries division hires two
The secondaries division of DFJ Esprit, Encore Ventures, has hired Richard Marsh as partner and Jonathan Freuchet-Sibilia as investment manager.
VC-backed Private Sale acquires Triphunter
Shopping community Private Sale, owned by a consortium including Mangrove Capital Partners, has acquired VC-funded travel portal Triphunter.
Viking Venture in NOK 33m round for GasSecure
Viking Venture, Sintef Venture, ProVenture Seed and Norwegian state-backed venture fund have invested a total of NOK 33m in a developer of wireless gas detectors.
Venture away
Let’s face it, European venture has not got the best standing with global LPs – a result of the tech bubble bursting a decade ago. Although the market should be defined as maturing by now, such generalisations are not easily applicable to a continent...
AGF leads €13.1m round for Genticel
AGF Private Equity has led a €13.1m round for biotech business Genticel alongside three new investors: Institut Régional de Développement Industriel (IRDI), Amundi Private Equity Funds and CDC Entreprises’ InnoBio fund.
FVW and Clusterfonds Innovation invest in SurgicEye
FVW Investments For Your Health Beteiligungs GmbH and Bayern Kapital have provided a seven digit series-A financing round for medical technology company SurgicEye GmbH.
Creandum hires Johan Brenner
Serial entrepreneur and a former general partner at Balderton Capital, Johan Brenner now joins Swedish venture firm Creandum.
Maven backs Applied Language Solutions with £1.4m
As a joint manager for the government-backed Capital for Enterprise Funds (CfE Fund) Maven Capital Partners has invested ТЃ1.4m in language service provider Applied Language Solutions.
Q&A: European venture to outperform in cleantech area
Rob Genieser recently joined cleantech venture investor Environmental Technologies Fund (ETF), which currently invests from its ТЃ110m fund, closed in March 2008. Relocating from Vertex, which was headquartered in Singapore and Tel Aviv, he tells Rikke...
unquote" 8 March 2010
Trade sales are dominating the exit market these days with unquote" recording 17 in Europe, compared with nine secondary buyouts and a single IPO at the time of going to press.