Aurora Biofuels Inc., an Alameda, Calif.-based biofuels company focused on open-pond algae aquaculture, has raised $20 million in Series B funding. Oak Investment Partners led the round, and was joined by return backers Gabriel Venture Partners and Noventi. PRESS RELEASE Aurora Biofuels, Inc., a leader in open-pond algae aquaculture technology, announced today it has completed […]
EatLime Inc., a Sunnyvale, Calif.-based online video sharing startup, has raised an undisclosed amount of funding from Draper Fisher Jurvetson. www.eatlime.com
MovieSet Inc., an online provider of behind-the-scenes sneak peaks of current film productions, has raised $2 million in Series A funding from Rho Capital. VentureWire reports that the infusion is the first tranche of a milestone-based $5 million commitment from Rho. www.movieset.com
Ugobe, an Emeryville, Calif.-based maker of the “Pleo” dinosaur robot, has raised $12.8 million in Series C funding. Existing backer Hyield Venture Capital (Taiwan) led the round. www.ugobe.com
Paul Capital has made a pair of personnel moves: Duncan Littlejohn will serve as a managing director on the firm's secondaries team, after having been a consultant to the firm since 2007. He also will be responsible for the firm's Sao Paulo office. Lucian Wu has joined as a managing director and head of the […]
IGNIA Fund I, a Latin American social venture capital fund, has held a $20.6 million first close from limited partners like Omidyar Network. The total fund target is between $50 million and $75 million. PRESS RELEASE IGNIA Fund I, Latin America's first social venture fund dedicated to investing in commercial enterprises serving the base of […]
Waterfront Media, a New York-based online health media company, has acquired online search company Netramind. No financial terms were disclosed. Waterfront Media has raised around $35 million in VC funding, from firms like Scale Venture Partners, Rho Ventures, Foundation Capital, Time Warner Ventures, BEV Capital and Neocarta Ventures. PRESS RELEASE Waterfront Media, the largest privately […]
CCS Medical Holdings Inc. (a.ka. Chronic Care Solutions), a Clearwater, Fla.-based medical supply management company, has withdrawn its IPO registration, due to “market conditions.” It had planned to sell 10 million common shares at between $14 and $16 per share, which could have garnered a market cap of up to $607 million. Lehman Brothers and […]
EduK Group, a post-secondary educational institution in Puerto Rico, has acquired Ponce Paramedical College. No financial terms were disclosed. EduK is a portfolio company of Leeds Equity Partners. PRESS RELEASE EduK Group, the leading proprietary postsecondary institution in Puerto Rico, and its majority shareholder Leeds Equity Partners, the New York-based private equity firm, today announced […]
BEIJING (Reuters) – China Flooring Holding Co received $100 million in funding on Tuesday from Morgan Stanley (MS.N: Quote, Profile, Research) and the International Finance Corp (IFC) and promptly set its sights on going public in Hong Kong. Red-hot growth in China's real estate sector, driven by rapid urbanisation, has boosted demand for engineered and […]