The Fidelity-backed medical device company is preparing for a series B round that could raise up to $10m.
Month: January 2012
NXT loan sweetens Digital Chocolate
The Intel-backed social games developer has borrowed $5m from commercial finance company NXT, which will be used to finance short term growth.
Recon Instruments displays potential for Kopin
NanoSemiconductor corporation Kopin is among the investors backing ski-based microdisplay company Recon, which has raised $10m in series A financing.
Gamesa charges into N2S
Wind turbine company Gamesa acquired a 20% stake in Spain-based technology firm N2S on Wednesday through its corporate venturing fund, Gamesa Venture Capital. The amount paid by Gamesa was not disclosed. The investment is Gamesa Venture Capital’s third since the €50m ($71m) fund was launched in May last year, following its purchase of a 28.7%… Continue reading Gamesa charges into N2S
Constant Contact grabs hold of CardStar
Verizon-backed loyalty platform CardStar is now part of email marketing company Constant Contact.
Bertelsmann builds on Trion Worlds funding
US-based game developer Trion Worlds closed an $85m series D round on Thursday from investors including Bertelsmann Digital Media Investments (BDMI), the corporate venturing fund belonging to media conglomerate Bertelsmann. The round was led by the Ontario Teachers’ Pension Plan (Teachers’). The news follows an announcement made in October by Trion Worlds chief executive Lars… Continue reading Bertelsmann builds on Trion Worlds funding
Motorola Solutions scores highly for Retailigence
Retailigence, a US-based company operating a local marketing application that links users and retailers, secures funding from the corporate venturing fund belonging to Motorola Solutions.
Motorola Mobility makes friends with Shaker
Social communication platform Shaker has added to the $18m in funding raised so far with an investment from Motorola Mobility Ventures, as it launches in the US.
Connecticut Innovations doses funds to Biorelix
The Connecticut state government-funded investment fund takes the antibiotics researcher to an estimated more than $43m raised, with signatories on its previous filing from Novartis’ corporate venturing unit.
Kiwi Crate packs in another round
Children’s arts and crafts delivery service Kiwi Crate secured $5m in series A funding yesterday in a round led by Comcast Ventures, the corporate venturing fund belonging to cable and telecom corporation Comcast, following on from an October seed round that raised $2m. Also participating in the round were venture capital firms First Round Capital… Continue reading Kiwi Crate packs in another round
RaNA cracks the funding code
Monsanto and GlaxoSmithKline are joining founder investor Atlas Venture in financing RaNA Therapeutics, which specialises in genetic research.
Bertelsmann goes to University
The media conglomerate is an anchor investor in University Ventures, a $100m fund that will partner with higher education institutions to launch innovative, digitally-based educational programs.
SFR gets in amongst G-cluster
France-based SFR joins Intel Capital backing G-cluster, a Japan-based company providing technology for video and gaming access.
FashionStake goes for Fab opportunity
Design-oriented deals platform Fab.com has followed up a $40m series B round by acquiring its fashion-focused peer FashionStake.