Germany-based Acton Capital Partners, an independent venture capital firm that previously ran the corporate venturing unit of local publishing company Hubert Burda Media, has closed it’s debut fund at €150m ($184.9m). Acton is focused on internet and mobile-based consumer-oriented businesses and retains Hubert Burda as a limited partner in its new fund and continues to… Continue reading Acton raises €150m debut fund
Month: May 2010
Medtronic-backed CardioMems raises $37.9m
CardioMems, a developer of wireless medical pressure sensors previously backed by US-based healthcare company Medtronic, has raised $37.9m in its seventh round of funding.
Genacast reinvests in Demdex
Genacast Ventures, a corporate venturing affiliate of telecoms company Comcast’s Interactive Capital division, has reinvested in Demdex, a New York-based online audience monitoring business.
Star hires talent Lattanzio as president
Star Avenue Capital, a consumer growth equity vehicle recently formed by private equity firm Irving Place Capital and strategic investor Creative Artists Agency, has hired Paul Lattanzio as its president.
Serial leader Ragavan to lead Actelis
Vivek Ragavan, a serial chief executive of telecoms equipment companies, has joined another corporate venture-backed company, Actelis Networks.
Peacock struts its cash with Healthline call
The $250m Peacock Equity Fund has reinvested in Healthline Networks as part of a $14m series C round following the portfolio company’s rapid growth in signing up partners.
BlackBerry fund agrees Aepona investment
BlackBerry Partners Fund, a $150m venture capital fund backed by three Canada-listed companies, has made its eighth investment in the two years since its launch by leading a $10m round for Aepona.
Google teams with WPP on Invidi funding
Google has teamed up with advertising and marketing company WPP’s portfolio company again with its in-house venture capital division backing the fourth round of funding for Invidi Technologies Corp.
Wintegra looks for win-win in its IPO
Strong corporate backing for Israel and US-based computer processor company Wintegra is expected to lead to its flotation at the second time of asking.
Innovacom and Summerhill return for Vantrix’s series C
Telecoms-focused corporate venture units have backed Vantrix’s $14m third round funding to take advantage of the expected growth in video over mobile phones over the next five years.
J&J links with De Novo for Astute deal
Johnson & Johnson Development Corporation, the in-house venture arm of the US-based consumer and medical goods maker, has linked up again with venture capital firm De Novo Ventures and joined the second round of financing for Astute Medical, a San Diego-based medical diagnostics company focused on high-risk conditions. Astute raised $26.5m in series B… Continue reading J&J links with De Novo for Astute deal
J&J links with De Novo for Astute deal
Johnson & Johnson Development Corporation, the in-house venture arm of the US-based consumer and medical goods maker, has linked up again with venture capital firm De Novo Ventures and joined the second round of financing for Astute Medical, a San Diego-based medical diagnostics company focused on high-risk conditions.
Investors do not blink about Think’s funding
After twice falling into bankruptcy, Think Global, a Norwegian electric-car maker, has raised a further $40m from venture capitalists and corporate venturers in what the company hopes will be its final funding round until it turns cashflow positive next year.
Patel leaves Intel Capital for AVG
Ashish Patel, a managing director and a member of the management review committee at Intel Capital, the in-house venture arm of the US-based chip maker, has joined one of his portfolio companies.