Toby Lewis – Page 127

PayScale reaps $7m in benefits

SAP Ventures led a second successive round of financing for the online pay index, with the latest round taking PayScale to about $31m raised so far.

Apache Design Solutions was sold to US-based technology company Ansys after it had filed for a $75m flotation.

The US-based joint venture of General Electric, NRG Energy and ConocoPhillips has signed its first deal outside its home country in Israel.

The CHF16m ($19m) funding round raised by medical device company MyoPowers takes its total capital gathered to about $24m.

Robert Bosch Venture Capital linked up with Capricorn and LRM to invest in the Belgian clean-tech company.

The investment vehicle set up by General Electric, NRG Energy and ConocoPhillips earlier this year seals another deal.

Singapore telcoms company SingTel Group has led a A$5m ($5.3m) funding round into Australia-based group buying company Dealised.

South Korea’s SK Telecom has previously been linked with the broadband and satellite company, which has now raised $2.3bn in the last 12 months.

US healthcare company Medtronic has joined the syndicate backing Spinal Modulation in its latest $30m funding round.

Novartis joins Dow Chemical backing US drugs maker Sorbent.

Unilever spin-out Iota NanoSolutions has raised money from the Anglo-Dutch multinational and the Qatar Islamic Bank’s UK unit.

Applied Materials-backed Enphase Energy is raising the money about two weeks after it filed for a $100m IPO.

The search engine and the bank have invested $314m in the largest US wind energy project in less than two months.

Citi Venture Capital International has backed Janalakhsmi Financial Services, which counts the Michael and Susan Dell Foundation among its investors.