Micro-credit provider gains angel and strategic backing to aid struggling debtors.
Category: Uncategorised
Windpower snares Deerpath deal
GE-backed Southwest Windpower, a US-based renewable energy provider, acquires partner Deerpath Energy.
IBM’s Martin Kelly joins Ireland fund
Innovation Fund – Ireland picks advisory board to support chairman Damien Callaghan, strategic investment manager at Intel Capital.
Mirics gains $13m C round
Acacia Capital Partners, Pond Ventures and Intel Capital support TV receiver Mirics.
Joyent adds Layerboom Systems to its cloud
Intel Capital-backed Joyent bolts on software company Layerboom.
Intel reaps $160m windfall from Smart flotation
Intel Capital sells initial tranche of 10 million shares in Canada-based education equipment provider Smart Technologies’ flotation.
NVP joins IDG and Accel in India
Norwest Venture Partners joins venture peers in backing India-based Perfint Healthcare.
Brennan joins Vitae Pharma
Former head of strategy and operations for strategic alliances at Switzerland-based drugs company Novartis’ Institutes for BioMedical Research joins venture-backed Vitae Pharmaceuticals.
Intel sees positive gains from equity investing
Record results for semiconductor maker shows spring back in venturing portfolio.
US venture market to shrink
Emerging markets to see growing numbers of venture capital firms while developed markets to suffer decreases, according to global survey.
GE sets up $200m clean-tech fund
General Electric jointly funds its third corporate venturing fund with support from four venture capital groups.
Naspers buys a chunk of Digital Sky
Russian internet group gains full control of Mail.ru and $388m in cash for selling 28.7% of itself to South Africa’s Naspers.
Intel’s Callaghan leads Irish innovation fund
Ireland follows UK in forming fund of venture capital funds with India planning direct investment vehicle for its pharmaceutical industry.
Drakelid moves to vice chairman of Odyssey Pictures
Founder of Sweden-based venture capital firm Siguiente Capital steps up role at US-based media and marketing company Odyssey Pictures.