Vysr Inc., a Palo Alto, Calif.-based developer of an online voice and text communication tool, has raised around $2 million in Series A funding. Backers include Sand Hill Group and VenturEast of India. www.vysr.com
Micrima, a Bristol, England-based developer of radio wave technology to breast cancer diagnostics, has raised Gbp2 million in new funding. YFM Group and Swarraton Partners co-led the round, and were joined by return backer Nesta. PRESS RELEASE Bristol-based Micrima, which is developing radio wave technology to improve detection of breast cancer, has secured Gbp2 million […]
H.I.G. Capital has sold Motive Eyewear to StyleMark Inc. for an undisclosed amount. Motive is a Fullerton, Calif.-based designer and supplier of affordable sunglasses, reading glasses and optical frames. PRESS RELEASE H.I.G. Capital, a leading global private equity firm, announced today that it has completed the sale of Motive Eyewear, Inc. to StyleMark, Inc. Motive […]
Private Advisors LLC has added three managing directors in its London office: Matthew Baker, Jennifer Buckley and Rickard Fischerstrom. Baker has spent the past eight years with GE Equity in London, where he was head of the EMEA private equity group. Baker was with ATP Private Equity Partners, where he oversaw legal and tax affairs. […]
ArGentis Pharmaceuticals LLC, a Memphis-based company that seeks to in-license therapies for chronic diseases, has raised an undisclosed amount of funding from Innova Memphis Inc. PRESS RELEASE Innova Memphis Inc, an early-stage investment fund, announced today it has invested in arGentis Pharmaceuticals LLC, a specialty pharmaceutical company based in Memphis.Innova was created by the Memphis […]
Aureos China Fund has invested $5 million in company Qingdao Land of State Power Environment Engineering Co., a Chinese wind energy and environmental protection company. PRESS RELEASE Aureos China Fund (ACF) has invested US$5 million in the Chinese company Qingdao Land of State Power Environment Engineering Co., Ltd (QGLD), a wind energy and environmental protection […]
LONDON (Reuters) – Bets on a U.S. housing crisis earned hedge fund manager John Paulson $3.7 billion (1.9 billion pounds) in 2007, ahead of industry legend George Soros and 2006's highest-paid manager James Simons, according to Alpha Magazine. Paulson, whose bet that investment grade mortgage bonds would be subject to default in record numbers came […]
PARIS, April 22 (Reuters) – Credit Agricole Private Equity (CAGR.PA: Quote, Profile, Research) said on Tuesday it had completed raising 600 million euros ($950.4 million) for a fund dedicated to investments in the public-private partnership infrastructure sector. The move comes as debt markets show signs of recovery from the subprime mortgage turmoil which had caused […]
OnRequest Images, a Seattle-based provider of custom imagery, has raised $8 million in additional Series C funding from European Founders Fund, according to a regulatory filing. The company had previously raised a $9 million Series C round led by Menlo Ventures, with return backers Maveron and Frazier Technology Ventures also participating. www.onrequestimages.com
Modigene Inc., an Israel-based developer of proprietary versions of already-approved therapeutic proteins, has raised $2 million in additional Series A funding. Shareholders include Spencer Trask Ventures. www.modigeneinc.com