GERMANY – Virgin Green Fund leads EUR 61m series-B in Odersun
Virgin Group-baked Virgin Green Fund has led a series-B financing round for Odersun AG, a company which designs and manufactures flexible solar products using a proprietary thin-film technology. Further investors included Doughty Hanson Technology Ventures, which also led the series-A financing round. The EUR 40m round is supplemented by an additional EUR 21m in grants from the federal state of Brandenburg, to build its second factory SunTwo.
More on Early-stage
Osivax raises €33m from EIC and BPI France
Of the funding, €15m from EIC will count towards series-B funding, while the rest will be a grant
Alta Life Sciences, Kurma lead €3.5m series-A for Deepull
Axis Participaciones and Sofimac Innovation, through Pertinence Invest 2, also take part in the round
ETF leads €7m round for Basemark
Fresh capital will be used to accelerate Basemark's growth in the field of autonomous vehicles
Seventure, BioGeneration lead €18.5m round for Citryll
Pharma company has so far raised €33.5m from private backers
Latest News
Borromin’s ProFagus completes refinancing
Charcoal and natural additives company saw final bids from two banks and one direct lender
Five Seasons et al. back €10.1m round for Yamo
VCs including the Swiss Entrepreneurs Fund, BtoV and Ringier Digital Ventures also participated
ETF closes Environmental Technologies Fund III on £167m
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
HIG Capital launches HIG European Capital Partners III
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses