Hyperion Power Generation Inc., a Santa Fe-based maker of a self-contained and transportable nuclear power reactor, has raised an undisclosed amount of funding from Altira Group. PRESS RELEASE Altira Group LLC — the pioneer and leader in venture capital and private equity funding for energy technology companies — announced today an investment in Hyperion Power […]
Providence Equity Partners is raised the target of its “hung bridge” debt fund from $700 million to $1 billion, according to Dow Jones. A first close is expected within weeks. www.provequity.com
WaveMaker Software (f.k.a. ActivGrid), a San Francisco-based developer of open-source visual tools for web development, has raised $4.5 million in new VC funding. Return backers Hummer Winblad Technology Partners and Worldview Technology Partners were joined by Sippl Investments. PRESS RELEASE WaveMaker
Morgan Stanley has added three bankers to its Dubai office, in order to expand its practice advising sovereign wealth and private equity funds in the Middle East and North Africa region. They are Dennis Cornell (formerly senior coverage banker Morgan Stanley's financial sponsors group), Hugo Parson (formerly in Morgan Stanley's leveraged & acquisition finance group) […]
Green Maritime Partners has formed as a private equity firm focused on environmentally-sustainable investments within the maritime and clean energy sectors. Average investments will be between $5 million and $20 million. GMP was co-founded by shipping magnate Peter Georgiopoulos, with fellow co-founder Chris Teryazos running operations. Teryazos was previously with Pegasus Capital Advisors. PRESS RELEASE Peter […]
Anaphore Inc., a San Diego-based protein therapeutics company, has raised $8 million in VC funding from 5AM Ventures and Versant Ventures. The company was formed via the acquisition of Danish biotech company Borean Pharma ApS. PRESS RELEASE Anaphore Inc, a newly-formed protein therapeutics company located in San Diego, California, today announced an $8 Million […]
Rosum Corp., a Mountain View, Calif.-based developer of mobile positioning technology using broadcast television signals, has raised $15 million in Series B funding. TruePosition Inc., a subsidiary of Liberty Media, was joined on the round by return backers Charles River Ventures, Allegis Capital, Steamboat Ventures and KTB Ventures. PRESS RELEASE Rosum Corporation announced […]
Roche has acquired Piramed, a UK-based drug company focused on disease progression and resistance to chemotherapeutics in cancer cells. The deal included a $160 million up-front cash payment, and up to $15 million in clinical milestone payments. Piramed had raised over $17 million in VC funding since 2003 from Panorama Capital and Merlin Biosciences. […]
FTVentures has closed its third fund with $512 million in capital commitments. The bi-coastal firm will invest between $10 million and $60 million in software and services companies seeking to finance organic expansion, recapitalizations, build-ups and buyouts. FTVentures had raised $423 million for its second fund back in 2001, and was said to have targeted […]
Central Desktop, a Pasadena, Calif.-based provider of business collaboration platforms, has raised $7 million in first-round funding from OpenView Venture Partners. PRESS RELEASE Central Desktop, the Complete Business Collaboration platform for business teams, today announced a $7M investment from OpenView Venture Partners. The funding is the company's first round of institutional investment and […]