AAA May 2013 – Page 15

Shinsei Bank launches Femto fund

Japan’s Shinsei Bank has established a corporate venturing fund for internet companies called Femto Growth Capital Investment Fund. The limited partners in the fund include Organization for Small & Medium Enterprises and Regional Innovation, Japan; Shinsei Bank; Création Capital; and Interlink. The management of Japan-based bank Shinsei’s Y1.6bn ($10.6m) fund will be managed jointly with internet… Continue reading Shinsei Bank launches Femto fund

Symphogen raises $54m

Symphogen, a Denmark-based developer of antibody therapeutics to treat cancer and disease, has added €41m ($54m) to its previous round. Novo, a $20bn quasi-corporate venturing investment company wholly owned by the Novo Nordisk Foundation, and local pension fund PKA each invested €20m, with Danica Pension co-investing. Henrik Gürtler, chief executive of Novo, said: “It is… Continue reading Symphogen raises $54m

Greencoat floats wind fund

Greencoat, a venture capital firm founded by Ireland-based utility ESB, has listed 260 million shares in a wind-focused fund on the London Stock Exchange. Last month, Greencoat said it could raise up to £260m in Greencoat UK Wind, a fund where the money was pre-committed to buy wind farms in the UK. Greencoat’s managing partners,… Continue reading Greencoat floats wind fund