3 min read · 19 February 2009
GroSolar, a White River Junction, Vermont-based solar energy startup, has agreed to acquire the residential solar division of Borrego Solar Systems, which operates in California and Massachusetts. No financial terms were disclosed. GroSolar has raised over $16 million from NGP Energy Technology Partners, SJF Ventures, Calvert Social Funds, and Allco Financial Group.
6 min read · 19 February 2009
6 min read · 19 February 2009
TVtrip.com, a site where travelers can view possible hotels via video, has raised $9 million in Series B funding. AGF Private Equity was joined by return backers Balderton Capital and Partech International. The company previously raised $4.8 million.
2 min read · 18 February 2009
Sree Ramcides Chemicals, an Indian agrochemical company focused on crop protection and plant health, has raised an undisclosed amount of VC funding from ePlanet Ventures.
3 min read · 18 February 2009
OVGuide.com, a Beverly Hills, Calif.-based portal for online video discovery and search, has raised $5 million from Baroda Ventures.
3 min read · 18 February 2009
1 min read · 18 February 2009
ViVOTech Inc., a Santa Clara, Calif.-based provider of wireless payment software and chips, has raised $8.6 million in additional Series C funding from existing shareholders. This brings the round total to more than $40 million. VIVOTech backers include Motorola Ventures, First Data Corp., NCR, Miven Venture Partners, Alloy Ventures, Draper Fisher Jurvetson and Nokia Growth Partners.
3 min read · 18 February 2009
Opsona Therapeutics, a Dublin, Ireland-based developer of therapeutic and preventative approaches to autoimmune and inflammatory diseases, has raised €18 million in Series B funding. Participants included Novartis Venture Fund, Fountain Healthcare Partners, Inventages Venture Capital and Seroba Kernel Life Sciences.
4 min read · 18 February 2009
Venture capitalists invested $13.4 billion outside of the U.S. in 2008, according to new data from Dow Jones VentureSource. This is nearly a 5% increase over 2007 figures.
5 min read · 18 February 2009