LN Labs Fund is its vehicle for strategic investment, partnership and mentoring of early stage technologies and entrepreneurs
Month: March 2012
Siemens buys Marine Current
Siemens acquires the company, after increasing its stake in November to 45%.
GE Healthcare lends $13.75m to Insightec
The convertible loan investment is General Electric’s latest backing of the medical company, which it formed along with Israel-based holding company Elbit Medical in 1999.
Verizon helps Skyfire blaze with $8m
Verizon was joined in the series C round by Matrix Partners, Trinity Ventures and Lightspeed Ventures.
PerfectServe secures $10.9m
Strategic units of not-for-profit healthcare delivery company the MemorialCare Health System and of healthcare system Indiana University Health join venture investors like PJC Capital and River Cities Capital Funds backing the clinical communications company.
Intel Capital plans Istanbul office
Move comes seven years after Intel Capital set up a $50m Turkey and Middle East fund.
Cisco-backed Apptio raises $50m
The US-based technology business management company takes its total funds raised to $91m.
SFR unit did 10 deals in 2011
SFR Développement, the corporate venturing unit of France-based telecoms operator SFR, was involved in 10 transactions worth more than €10m in 2011, and recently exited electronic ticketing service Digitick to Vivendi. SFR invested in Japan-based gaming company G-cluster, virtual currency company IFeelGoods, mobile agency Backelite, and Prylos, a specialist in mobile applications for home care,… Continue reading SFR unit did 10 deals in 2011
Tarsa swallows down $28m
Tarsa, which is backed by Novo and Unigene, raises $28m.
Luca sets IPO range
The US-based biotechnology company, previously backed by BASF and ASF, would have a market capitalisation of $365.3m if it floats at the top end of its range.
Torqeedo skims the waves with $7.4m
Robert Bosch Venture Capitals co-leads the funding of the boat motor manufacturer alongside Wheb Partners.
Tobii sees $21m from Intel
Intel Capital joins Amadeus, Northzone and Investor backing the eye tracking company.
Gorkana-backed Brandwatch raises $6m
Gorkana Group backs social media monitoring company Brandwatch for a second time.
CardioInsight beats to $7.5m
The maker of electrocardiographic mapping technology raises the funds, slightly more than a year after winning backing from Japan-based cardiovascular device distributor DVX.