Cambridge, U.K.-based Light Blue Optics secured $13 million in funding. DFJ Esprit led the funding round. Robert Bosch Venture Capital GmbH, Earlybird Venture Capital, Capital-E and NESTA are existing investors that participated in the financing. Christie Digital Systems Canada Inc. and WhiteGold Fund Management are new investors to Light Blue Optics, which develops miniature projection systems used to provide light for automotive, digital signs and electronic products.
4 min read · 11 October 2010
MedicAnimal.com received £5 million in equity financing. Iris Capital of Paris, France, led the round. MedicAnimal.com is a London, U.K.-based e-commerce concern that provides veterinary advice and sells pet care products in Europe.
3 min read · 11 October 2010
Montreux Equity Partners LLC of Menlo Park Calif., completed a $30 million private equity investment into GC Aesthetics Ltd. The Dublin, Ireland-based designer and maker of medical devices plans to use the capital for its expansion.
2 min read · 11 October 2010
Aspen Aerogels, based in Northborough, Massachusetts, has raised $21.5 million in a round of investment, led by Aspen BASF Venture Capital GmbH. Other investors included RockPort Capital, Tenaya Capital, Reservoir Capital Group, Arcapita Ventures and Argonaut Private Equity. Aspen Aerogels, founded in 2001, supplies aerogel insulation products.
3 min read · 08 October 2010
Shackleton Secondaries II Limited Partnership, a venture capital firm based in Hampshire, UK, has sold 60% of its equity interest in Murley Limited, a Warwickshire-based car dealer. The remaining interest will be purchased by Murley in later installments. The financial details of the transaction were not revealed.
2 min read · 08 October 2010
BioDtech Inc. received $600,000 in venture capital, the Birmingham Business Journal reported. The Alabama-based company provides products that detect, neutralize and remove toxins. The products are used in the bioresearch and bioprocess markets.
1 min read · 08 October 2010
MPM Capital opened a Midwest office in Kansas City, Kansas. The Boston, Mass.-based life sciences venture capital firm has $2.3 billion of committed capital under management. Managing Director Steven St. Peter said, “(the) city office gives us better access to the rapidly expanding fields of animal health, crop science and eventually clean energy."
3 min read · 08 October 2010
Greylock Partners named Josh Silverman as an executive in residence. The Menlo Park, Calif.-based venture capital firm said Silverman is a serial entrepreneur and Skype’s former chief executive officer.
3 min read · 08 October 2010
AlertMe, a home energy conservation company, has raised 15 million pounds ($23.9 million) from return investors existing investors Good Energies, Index Ventures, SET Venture Partners and VantagePoint Venture Partners, with British Gas investing for the first time. The deal will see British Gas distribute AlertMe products and services to its UK customers.
3 min read · 08 October 2010
Proferi, a Redwood City, California-based cloud-computing company, has raised $6.3 million in Series A financing, the company announced. Greylock Partners led the round with Andreessen Horowitz and Dave Duffield, former chairman of PeopleSoft, also investing. Ben Horowitz, a partner at Andreessen Horowitz, and Aneel Bhusri, a partner at Greylock, will join the Proferi board.
5 min read · 08 October 2010