Belgian-based biopharmaceutical company Cardio3 Biosciences has unveiled a €19m ($24.4) funding round that saw previous investors inject €7m in new equity alongside the conversion of €12m in existing convertible loans. The formal capital increase was approved at a shareholder meeting and is expected to complete by the end of May 2013. The fresh capital will allow… Continue reading Cardio3 BioSciences raises €19m
Author: Jennifer Hill
Microsoft mulls Nook Media
US-based technology firm Microsoft is offering to buy the digital assets of Nook Media for around $1 billion, according to TechCrunch. Microsoft already has a stake in Nook Media, the maker of the eponymous reading device, which was formed by book retailer Barnes & Noble Inc. Shares in Barnes & Noble, America’s biggest books retailer,… Continue reading Microsoft mulls Nook Media
Facebook in talks to buy Waze
Social networking company in talks to acquire Qualcomm-backed traffic navigation app.
CapLinked boosts series A round to $2m
US virtual data room start-up CapLinked raises $2.1m from consortium of VCs and entrepreneurs.
Volvo-backed tech firm lands loan
Swedish Energy Agency grants loan to I-Tech, the Swedish tech firm backed by Volvo Technology Transfer.
Rocket-backed eDarling buys back shares
Germany’s eDarling, the online dating business backed by Rocket Internet, the international e-commerce incubator founded by the Samwer brothers, has bought back its shares from US partner eHarmony. In 2010, eHarmony bought a 30% stake in eDarling, with an option to buy the rest at a later date. That offer is off the table and… Continue reading Rocket-backed eDarling buys back shares
Forest Labs leads $60m investment in Trevena
Healthcare company Forest Laboratories leads $60m series C round in Trevena.
Hub:raum accelerates Reputami
Deutsche Telekom incubator funds Reputami.
RXi Pharma pulls in $26m
RXi Pharma, the Opko Health-backed firm, secures $26m.
Naspers buys into Konga.com
South African media giant Naspers takes stake in Nigerian online shopping outfit.
Qualcomm plays $3.8m card to Playdek
Qualcomm Ventures leads series A round in mobile game publisher Playdek.
Racktivity racks up $3.2m in series C cash
Partech International, the Franco-American venture capital firm backed by Edenred, the French employee benefits services provider, participates in $3.2m round for Racktivity.
AOL’s CrunchFund plants seed in CumuLogic
Cumulogic, a Santa Clara, California-based provider of platform solutions, has raised an undisclosed amount of seed funding thanks to CrunchFund, a venture firm set up with the backing of technology company AOL. In September last year, US virtual computing provider Citrix invests an undisclosed sum in Cumulogic. According to multiple reports, the company has raised… Continue reading AOL’s CrunchFund plants seed in CumuLogic
MAS tunes into Attune with $20m
Sri Lankan apparel maker MAS Holdings backs Attune to the tune of $20m.