Venture
Lime Rock invests NOK 50m in Reelwell
Lime Rock Partners has backed oil service technology business Reelwell with NOK 50m.
AIFM: EVCA vows to fight on after ‘disappointing’ JURI vote
The European Venture Capital Association (EVCA) has vowed to fight on against the Alternative Investment Fund Managers (AIFM) Directive, which could prove disastrous for venture investors.
Capman sells Gammadata to InnKap
CapMan has sold its 48.2% stake technology business Gammadata to InnovationsKapital.
Gimv invests €4.7m in RES Software
Belgium-based pan-European investor Gimv has invested €4.7m in Dutch company RES Software, a company specialising in user workspace management.
ERIP et al. in €8m round for Implanet
Edmond de Rothschild Investment Partners (ERIP), has led an €8m round for Implanet SA, a French developer of surgical implants for orthopedic and spine surgery, along side CM-CIC Private Equity, Wellington Partners and Seventures Partners.
MMC Ventures invests in Creativity Software
MMC Ventures has provided growth financing to mobile telecommunications software designer Creativity Software in return for a significant minority stake.
VCT fundraising picks up
New figures released today by the Association of Investment Companies (AIC) show a spike in fundraising activity for VCTs in the 2009/10 tax year.
Maven invests £2m in Neolab
Maven Capital Partners has invested £2m in Neolab Limited to fund the company's growth.
Covesco Venture seeks to raise EUR 50m DACH seed fund
Covesco German Seed Fund GmbH & Co. KG has launched its maiden vehicle, German Seed Fund, targeting €50m.
ISAI hold €24m close of venture fund
ISAI, launched in 2008, has held a first close of €24m of its ISAI Developpement fund.
CDC Enterprises in $18m round for biospace med
CDC Entreprises, (acting on behalf of the Strategic Investment Fund -SIF), has participated in an $18m round for biospace med alongside existing investors Edmond de Rothschild Investment Partners, Crédit Agricole Private Equity, UFG Private Equity, NBGI...
HTGF and KI Kapital invest in SAW Instruments
High-Tech Gründerfonds and KI Kapital GmbH have invested in start-up SAW Instruments GmbH.
Accel bolsters London team
Global venture investor Accel Partners, has appointed Adam Valkin to join the firm’s London office.
Norinnova and Sarsia Seed back Prophyllix Pharma,
Norinnova Forvaltning, via Norinnova Invest, has alongside Sarsia Seed invested in Norwegian life science company Prophyllix Pharma, each taking a 7.7% stake.
Seed financing fails to germinate
The German venture industry is under fire from all angles, with the regulatory environment, a shortage of serial entrepreneurs, and a lack of support from domestic LPs posing formidable challenges. One of the core problems within the segment, however,...
I2BF to raise Global Cleantech growth capital fund
International cleantech asset manager I2BF has launched Venture Fund II, a $100m global renewable energy and cleantech-focused growth capital fund.
Amadeus et al. in €7m D-round for Liquiavista
Returning investors Amadeus Capital Partners, GIMV, Prime Technology Ventures and Applied Ventures have participated in a €7m series-D round for Dutch display manufacturing company Liquiavista BV.
Wellington appoints new venture partner
Wellington Partners has appointed Mossadiq Umedaly as venture partner. Primarily based in the firm's Palo Alto, Umedaly is expected to be involved in cleantech investments out of Wellington Partners' London and Munich offices.
Viking and Investinor in NOK 86m round for ChapDrive
Viking Venture, Investinor and existing shareholders NorthZone Ventures, Hafslund Venture and Energy Capital Management (Statoil Venture) have participated in a NOK 86m round for wind turbine manufacturer ChapDrive.
Proventure et al in NOK 35m funding for Aptomar
Norwegian government-backed venture fund Investinor has contributed NOK 17.5m in a NOK 35m funding round for technology business Aptomar. Also participating were existing backers Statoil Venture and seed fund Proventure SEED.
UK FTF makes first committment to DFJ's third fund
The UK Future Technologies Fund (UK FTF), one of two fund-of-funds which effectively make up the UK Innovation Investment Fund, has made its first commitment into the DFJ Esprit III vehicle, bringing it closer to its £130m target.
Octopus VCT closes at £50m
Octopus Investments has reached its £50m capacity for its limited life VCT - open since September 2009. The fund is now closed for new investments.
Carbon Trust et al. in £1m round for Helveta
Carbon Trust Investments has joined Oxford Capital Partners, Albion Ventures and Success Europe in a £1m third round of funding for Oxford-based Helveta, a timber track and trace technology company.
Carbon Trust et al. invest £1.45m in Arieso
Carbon Trust Investments has invested £1.45m in wireless network optimisation provider Arieso, alongside existing investors Oxford Capital Partners, ADD Partners and Qualcomm Ventures.