BP and Nuon had backed renewable power group Green Mountain Energy before its planned $350m takeover by NRG Energy.
Category: Deals
IDG tunes up for SouFun success
International Data Group floats Chinese portfolio company SouFun and gains first day pop while separately backing TuneUp in the US.
Prime investment in Cint
Sweden’s Cint closes round at $13m from Prime Technology and Creandum.
SandForce blasts its way to $25m
US-based LSI and Taiwan chip maker UMC reinvest in computer processor company SandForce’s series D round.
SG Biofuels gains $9.4m in series A round
Flint Hills Resources and Life Technologies have invested in SG Biofuels’ A round.
Boehringer makes first venture investment
Boehringer Ingelheim has made its first investment from its corporate venturing fund launched in March in Okairòs, a Switzerland-based drug development company, which has raised €16m ($20.5m) in its series B round. The financing was led by venture capital firm Versant Ventures and joined by the €100m Boehringer Ingelheim Venture Fund. All existing investors from Okairòs’… Continue reading Boehringer makes first venture investment
Honeywell turns to MBA Polymers
MBA Polymers makes initial close of expected $25m round.
O’Reilly finds how to Get Satisfaction
O’Reilly Media joins Get Satisfaction series A round.
Intel strikes four US deals
Intel Capital backs four US-based technology companies.
Sorbent Therapeutics absorbs final funding
Detlef Albrecht promoted to executive president of Sorbent Therapeutics as its finishes its series B round.
Times of India backs Instamedia
Media conglomerate Bennett Coleman’s Times of India Group invests in content company Instamedia Network.
Abbott sails into Voyage Medical round
Abbott Laboratories joins venture consortium’s $20.6m investment in Voyage Medical.
Belgacom connects with two deals
Belgium-based telecom operator Belgacom has made two strategic investments in European companies: Jinni and In3Depth Systems.
4Home reveals Verizon deal call
Verizon Ventures revealed as the strategic investor in 4Home, which closed its $6.8m series B round in the first three months of the year.