Coda Automotive, a Santa Monica, Calif.-based electric car and battery company, has raised $58 million in Series C funding. Aeris Capital (Switzerland) led the round, and was joined by EDB Investments (Singapore), Countryline LLC (Tony Pritzker and J.B. Pritzker) and Les Wexner (CEO of Limited Brands). Return backers included Angeleno Group, Thomas Steyer, Mac Heller, Miles Rubin and John Bryson. The company previously raised around $75 million in VC funding, plus received $394 million in capital commitments as part of a joint venture with Lishen Power Battery. That deal included $100 million in equity from undisclosed backers, and a $294 million line of credit commitment from the Bank of Tianjin Joint-Stock Co.
4 min read · 19 May 2010
Blip.tv, a New York-based platform for distribution and monetization of niche web video, has raised $10.1 million in third-round VC funding. Canaan Partners led the deal, and was joined by return backer Bain Capital Ventures. The company previously raised over $5 million.
4 min read · 19 May 2010
TPP Global Development, Edinburgh, Scotland-based drug development startup, has raised £9.6 million in VC funding from firms that included Scottish Venture Fund.
4 min read · 19 May 2010
CDC Software Corp. (Nasdaq: CDCS) has acquired TradeBeam Holdings Inc., a San Mateo, Calif.-based provider of on-demand global trade management software. No financial terms were disclosed. TradeBeam had raised around $57.5 million in VC funding from Carlyle Venture Partners, Enterprise Partners, Sigma Partners and The Sprout Group.
5 min read · 18 May 2010
1 min read · 18 May 2010
Poken, a Swiss company trying to bridge online and real-world social networking, has raised $1.8 million in VC funding led by Swisscom Ventures.
3 min read · 18 May 2010
Blu Homes Inc., a Waltham, Mass.-based green building company, has raised $7 million in VC funding from undisclosed private investors.
2 min read · 18 May 2010
Sipera Systems Inc., a Richardson, Texas-based provider of real-time unified communications enablement and security, today announced that it has raised $10 million in Series C funding. S3 Ventures led the round, and was joined by return backers Austin Ventures, Duchossois Technology Partners, Sequoia Capital and STAR Ventures. The company previously raised $30 million.
3 min read · 18 May 2010
Chiapas Organic Holdings, a Monterrey, Mexico-based producer and trader of fruits and vegetables, has raised $6.5 million in new equity funding. Ignia Fund led the round with a $5 million investment, and was joined by existing shareholders.
2 min read · 18 May 2010
1 min read · 18 May 2010
