Axa Private Equity, a France-based subsidiary of a local insurer, has acquired Riemser Arzneimittel, a Germany-based specialty pharmaceutical company, from its minority shareholders that include US-listed industrial conglomerate General Electric’s GE Healthcare Financial Services subsidiary. Axa said it bought the shareholdings of Riemser’s founding Braun family and those of various minority stakeholders, including TVM Capital.… Continue reading GE exits Riemser Arzneimittel
Month: August 2012
GE sets up $10m fund down under
The Australia Challenge will see GE and its venture capital partners, Southern Cross, MH Carnegie, Cleantech Ventures, Starfish Ventures and CVC Sustainable Investments, invest $10m in clean-tech start-ups and mid-stage ventures working on low carbon solutions and energy efficiency.
Companies chipper about Mapper
Mapper Lithography, a Netherlands-based chip equipment provider founded in 2000, has gained €80m ($100m) from a consortium including Russian state-backed venture capital fund Rusnano. Rusnano, a $10bn fund which invests in US and Russian companies so they will set up operations in Russia (Bloomberg Story), will provide half the round. The remaining €40m is coming… Continue reading Companies chipper about Mapper
Fate has another $9m in store
In May last year, Japan-based drugs company Takeda Pharmaceutical’s corporate venturing unit made an equity investment of undisclosed size in Fate Therapeutics as part of a plan to help its parent move into regenerative medicines.
WuXi woos Novira Therapeutics
Venture capital firms 5AM Ventures and Canaan Partners co-led the $23m A round for Novira Therapeutics.
MIH adds $90m to Flipkart’s trolley
MIH, which in June saw its head, Antonie Roux, sadly pass away at the age of 54, is investing $90m to become the second-largest shareholder in Flipkart after hedge fund Tiger Global, according to news provider Times of India.
The Big Deal: OnLive or dead
OnLive restructures to leave corporations nursing their pain.
OnLive restructures with losses
OnLive said investors had included phone operators AT&T, British Telecommunications (BT) and Belgacom Group, filmmaker Warner Brothers, software provider Autodesk, phone maker HTC, network equipment provider Juniper Networks and venture capital firm Maverick Capital and family office Lauder Partners.
White Bull – Pathways to Exit – Barcelona October 1 – 3
White Bull Summits presents its third annual summit, focusing on European Innovation in the Technology, Media, and Telecommunications sector. This year’s 2 1/2-day summit will explore the business lifecycle, and the various “Pathways” from Startup to Exit, assembling some of the brightest stars in the Industry. We’ll hear from the Global leaders, the investors, the visionaries, and the brave… Continue reading White Bull – Pathways to Exit – Barcelona October 1 – 3
Nutanix stores $33m
Memory storage provider Nutanix raises $33m series C round with backing from Battery Ventures, Lightspeed Ventures, Khosla Ventures, and Goldman Sachs.
Renmatix turns waste into $75m
Chemical company Renmatix closes a $75m series C round led by BASF with participation from Waste Management and Kleiner Perkins Caufield & Byers.
Typesafe secures $14m series B
Software startup Typesafe raises a $14m series B round led by Shasta Ventures with support from Juniper Networks.
Ornim gets $20m all clear from GE
Ornim Medical closes $20m in its series B round from OrbiMed Advisors and General Electric.
Logitech makes $15m ‘Discovery’
Gaming peripheral maker Logitech invests $15m in the series B financing for applications accessory developer Discovery Bay Games.