Deals – Page 1620

MoMinis raises $3m

Mitsui Ventures and BRM Capital join to invest $3m in Israel-based mobile phone games developer MoMinis.

HiSoft plans secondary offering

A near-threefold increase in share price since its summer flotation leads Intel Capital-backed HiSoft to plan secondary placement.

T-Venture collects MyThings

Germany-based phone operator Deutsche Telekom’s corporate venturing unit leads $6m C round for MyThings.

Vodafone Ventures, the corporate venturing unit of UK-listed mobile phone operator Vodafone, has invested €3.5m ($4.7m) in Qype, a Germany-based website for people to review places in Europe. Vodafone was a new member of Qype’s syndicate, with a further €3m invested by its previous venture capital backers, Advent Venture Partners, Partech International and Wellington Partners.… Continue reading Vodafone locates Qype deal

Medtronic raises pressure with Ardian purchase

On top of $800m initially, Medtronic will pay performance fees to acquire portfolio company Ardian.

Swisscom makes first venturing exit

Swisscom Ventures reaps reward from selling portfolio company Firecomms to ZJF Group.

BoSci philosophises over Sadra Medical purchase

Boston Scientific said as it had owned 14% of Sadra Medical since 2006 it would pay $193m in cash initially and up to the same amount again in performance fees for the rest of the company.

PMC completes Wintegra purchase

Wintegra had been preparing its $115m flotation since May but its venture investors accepted a sale to PMC-Sierra, which paid an initial $240m.

ABB blows into Pentalum A round

Pentalum Technologies raised $9m in its first round from venture capital firms Cedar Fund, Evergreen Venture Partners and Draper Fisher Jurvetson in July. The round was then kept open to allow ABB in.

Avnera takes funding to $62m

Second round in a year for Avnera, a US-based maker of semiconductors.

Global Brain brushes way into Stipple

The Stipple deal is the second seed or series A round Global Brain has joined this month.

Picochip gears up with SVB’s $9m

Silicon Valley Bank provides $9m in venture debt to Picochip, a UK-based supplier of computer chips.

Visage Mobile reveals funding landscape

Further funding for Visage Mobile after a decade of development.

Sutro sews up $36.5m C round

Lilly Ventures and Amgen Ventures join consortium investing $36.5m in healthcare company Sutro Biopharma.