Business Growth Fund (BGF), established by Barclays, HSBC, Lloyds Banking Group, Royal Bank of Scotland, Santander, Standard Chartered and the British Bankers’ Association, has invested £6m in Petrotechnics, a Scotland-based provider of software solutions for managing operational risk and performance in hazardous industries. This is BGF’s fifth investment in the oil and gas sector and… Continue reading BGF hazards investment in Petrotechnics
Month: June 2013
Zilift going up with Saudis
Saudi Aramco Energy Ventures backs artificial lift systems developer.
Sensima Technology attracts B round
Go Beyond Investing business angels reinvest in Switzerland-based fabless semiconductor company
Symposium 2013: the videos
With less than a month to go to our 2014 Symposium we look back on the video highlights of our third annual symposium last year.
Roche stays on Horizon
Roche Venture Fund reinvests as Horizon Discovery closes series C funding round at $29.1m.
Big Deal Analysis: Capitalising on the macro
There are few more self-evident factors behind successful long-term, illiquid investing, such as corporate venturing and leveraged buyouts, than having correct timing on the macro-economy. It is, therefore, significant that Olivier Garel, vice-president of mergers and acquisitions (M&A) has replaced Martin Grieve as head of fast-moving consumer goods (FMCG) company Unilever’s corporate venturing unit –… Continue reading Big Deal Analysis: Capitalising on the macro
Garel replaces Grieve at Unilever
At the end of last year, Unilever committed a further $450m to its corporate venturing unit for its third fund to help it expand in Asia and North America from Europe.
Overture raises tempo with $10m
The new debt facility follows a recently announced $8m of a planned $11.7m equity round.
InsightSquared analyses latest $8m
Separately, Salesforce has agreed to buy New York-listed ExactTarget for $2.5bn, or $33.75 per share.
Shuanghui pigs out with Smithfield Foods
US-based Continental Grain said that it would sell its 6% stake in local pork producer Smithfield Foods after the latter’s proposed $4.7bn acquisition by China-based peer Shuanghui International.
Akebia raises $41m
Akebia Therapeutics, a US-based biotech company spun out from consumer goods company Procter & Gamble, has raised $41m in its series C round. Satter Investment Management, a private equity firm, led the most recent funding round, which also included venture capital firms Triathlon Medical Ventures, CincyTech, Blue Chip Venture Company, Queen City Angels and Fort… Continue reading Akebia raises $41m
Mobileye drives towards Porsche
MobilEye has had no disclosed purchaser after raising $157m since 1998 from Goldman Sachs and Motorola among others.
SoftLayer exits to IBM
In November, SoftLayer expanded its incubator support program into Canada.
Cardio3 plans flotation
Investment bank Kempen is sole global coordinator for the initial public offering (IPO) after Cardio3 tried unsuccessfully to float in 2011.