Major League Gaming, a provider of cross-platform online video game competitions, has held an initial close on a $10 million financing. New York-based Legion Enterprises led the investment, which brings Major League Gaming’s total funding raised to $52.5 million. Oak Investment Partners also joined in the round.
4 min read · 20 December 2010
Crysalin Limited, a biotechnology start-up spun out of the University of Oxford, has raised 1.55 million pounds ($2.4 million). Investors include IP Group, Oxford Technology Management and Oxford Spin-Out Equity Management. Crysalin is developing technology to enable protein structure determination. The company was formed in 2007.
2 min read · 20 December 2010
Los Angeles-based Capricor, a company developing stem cell therapies for treatment of cardiac disease, has raised roughly $2 million from Broadview Ventures and unnamed individual investors. Boston-based Broadview Ventures was formed by the Leducq Family Trust in 2008. The financing will allow Capricor to pursue clinical trials of its treatments.
4 min read · 20 December 2010
Stereo Scope, the parent company of investing application start-up Kapitall, has closed its Series A financing with $7.3 million. The company said it raised $7.3 million in new cash, and converted more than $5.5 million of previously issued promissory notes. Investors include Bendigo Partners, media investor Strauss Zelnick and Stamford, Conn.-based ES & Partner Ventures. Kapitall was formed in New York in 2008.
4 min read · 17 December 2010
Swiss drug discovery and development company NovImmune has raised 20 million Swiss francs ($20.8 million) in Series B financing. BZ Bank Aktiengesellschaft led the round. The new financing will help the company bolster its balance sheet and develop new partnerships, the company said.
2 min read · 17 December 2010
Orthopedics company Small Bone Innovations has raised $15 million in Series F financing, led by fund formed by Viscogliosi Brothers. Khazanah Nasional Berhad, the investment firm of the Government of Malaysia, and NGN Capital also participated. Small Bone has operations in New York and Pennsylvania, as well as France, Germany and Malaysia. The company focuses on treatments for joint repair and trauma reconstruction around the small bone joints.
3 min read · 17 December 2010
Bonobos, the online men’s clothing retailer, is getting backing from some big VC names. Lightspeed Venture Partners and Accel Partners teamed to provide the company with a $18.5 series C financing. Earlier rounds of financing were provided by customers and mentors, a representative for the company said.
4 min read · 16 December 2010
Ontario Teachers' Pension Plan has committed up to $75 million in equity to fund BluEarth Renewables, which focuses on acquiring, developing, constructing and operating hydro, wind and solar power projects in North America. Calgary-based BluEarth has now raised more than $160 million from ARC Financial Corp., Teachers', management and other investors.
3 min read · 16 December 2010
San Mateo, Calif.-based start-up Fanhattan has acquired Calgary-based company The Open Movie Database, the company said. Financial terms were not released. Fanhattan plans to launch its digital media service in early 2011, and aims to help consumers navigate and discover Internet-based entertainment content like movies and television shows. The company is backed by New Enterprise Associates, Redpoint Ventures, GreyCroft Partners, BV Capital and unnamed independent investors.
3 min read · 16 December 2010
German company PE International, which develops sustainability management software, has raised 8 million euros ($10.8 million) from Siemens Venture Capital, and from the Cleantech team of European investment company Gimv. The financing will help PE International expand marketing for its enterprise sustainability technology platforms. Representatives from both Siemens Venture Capital and Gimv will hold a seat on the company’s board.
3 min read · 16 December 2010
