Russia-based industrial conglomerates Kaskol and Ru-Com have acquired all the assets of US-based CTC Cable’s business.
Month: January 2012
Rocket Lawyer reaches new heights
The online legal services company, backed by Google, Reed-Elsevier and Investor takes its series D round above $29m.
Compuware meets its Deadline Detroit
Local aggregated news startup Deadline Detroit has received seed funding from Compuware Ventures and is seeking out additional financing as it counts down to launch next month.
Google gets in quick for Nimble
Social CRM platform Nimble has raised $1m in seed funding with Google Ventures joining a raft of angels in backing the round.
McKelvey kits up for LockerDome
The sports-focused social network has appointed the co-founder of mobile payments company Square to its board a month after he participated in a $750,000 financing round.
Lithium flames growth with $53.4m
SAP Ventures helps Lithium Technologies, a US-based social media software company, take its total funding past an estimated $100m.
Renewable Energy eyes $100m IPO
Corporate-backed biodiesel producer and supplier the Renewable Energy Group sets the range of its IPO, and looks to raise as much as $100m.
Lundbeck keeps its nerve with Ossianix
Neuroscience specialist H. Lundbeck has invested in Ossianix, developer of a treatment platform for problems linked to the central nervous system.
Priobiodrug compounds its funding with another $19m
Germany-based biopharmaceutical company Probiodrug secured €15m ($19.2m) in funding on Wednesday from investors including Biogen Idec New Ventures, a corporate venturing unit belonging to pharmaceutical corporation Biogen Idec, and biotechnology investment company BB Biotech. Also investing in the round were Edmond de Rothschild Investment Partners, which acts as a division of the Edmond de Rothschild… Continue reading Priobiodrug compounds its funding with another $19m
Prize Petroleum gushes for ICICI, HDFC
The two corporates sell their stakes in the oil and gas exploration company to their fellow investor Hindustan Petroleum Corporation after setting up the company in 1998.
VelQuest secures $35m exit
Accelrys buys the medical software company previously backed by General Electric and other venture investors
BGF makes an Unruly investment
The social video advertising platform, already profitable, has raised $25m which it will use to expand its activities internationally.
Gilde, Forbion help ailing AMT
The crisis investment in loss-making gene therapy company Amsterdam Molecular Therapeutics is a band-aid measure which does not eliminate its negative equity position, but provides it with additional room for manoeuvre.
Abbott enters the world of NeuroGenetic
Abbott Biotech Ventures, one of the corporate venturing funds run by pharmaceutical corporation Abbott Laboratories, invested an undisclosed amount in US-based Alzheimer’s disease therapeutics company NeuroGenetic Pharmaceuticals (NGP) on Wednesday. Founded in 2009, NeuroGenetic’s technology is based around a compound, NGP555, that it claims can detect and reduce the brain plaques associated with Alzheimer’s. The… Continue reading Abbott enters the world of NeuroGenetic