Inven Capital backs Sunfire

By Iris Dorbian — 3 months ago

Sunfire GmbH, a developer of reversible high-temperature electrolysers and high-temperature fuel cells, has secured an undisclosed amount of funding. The investors included Inven Capital, Total Energy Ventures and Electranova Capital, managed by Idinvest Partners.

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NGDATA scores $10.2 mln Series B

By Iris Dorbian — 3 months ago

Belgium-based NGDATA, a provider of customer experience management solutions, has raised $10.2 million in Series B funding. Idinvest Partners led the round with participation from return backers that included Pamica, Capricorn Venture Partners, Nausicaa Ventures and SmartFin Capital. In conjunction with the funding, NGDATA has appointed Michel Akkermans as the chairman of its board of directors. Also, the company has added Luc Maruenda, a partner at Idinvest Partners, to its board.

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Organica Water takes in $9.1 mln Series C

By Iris Dorbian — 7 months ago

Organica Water, a provider of wastewater treatment and recycling solutions, has closed $9.1 million in Series C funding. XPV Capital Corporation led the round with participation from other investors that included Idinvest Partners, International Finance Corporation and Gamma Capital Partners. In addition to the funding, Khalil Malouf, managing director of XPV and Julien Mialaret, investment director of Idinvest, have been added to Organica’s board of directors.

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Actility snags $25 mln

By Iris Dorbian — 8 months ago

Paris-based Actility, a network solutions and managed information systems provider for the internet of things sector, has raised $25 million in funding. Ginko Ventures led the round with participation from other investors that included KPN, Orange, Swisscom, Foxconn, Fonds Ecotechnologies managed by Bpifrance Investissement, Idinvest Partners and Truffle Capital.

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Kantox raises $10.9 mln

By Luisa Beltran — 9 months ago

Partech Ventures said Wednesday it co-led a 10 million Euro (US$10.9 mln) financing round for Kantox. IDinvest Partners also participated. London-based Kantox provides foreign exchange services for SMEs and mid-cap companies.

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Investor Group to buy CEBTP in Buyout Deal

By Angela Sormani — 3 years ago

A group of investors led by Siparex has offered to buy Groupe CEBTP alongside management with CEO Philippe Margarit. The approval of the sale by the French competition authorities is expected in 3Q 2013. Siparex put together an investor pool with Cathay Capital, Bpifrance Investissement and BNP Paribas Développement for purchasing all the capital of Groupe CEBTP from the Dutch group, Grontmij. The transaction is also partly financed by mezzanine debt, arranged by Idinvest Partners.

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Crocus Technology Secures $45m Series D

By Angela Sormani — 3 years ago

Crocus Technology, a developer of magnetically enhanced semiconductor technologies for mobile security, embedded microcontrollers, harsh environment electronics and magnetic sensors, has raised 34 million euros ($45 million) in additional capital. A new private investor, Industrial Investors, joined the round led by Idinvest Partners. Major investors Sofinnova Ventures, Innovation Capital, Nanodimension and Ventech also participated.

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Scality Lands $22 Million, Led by Menlo Ventures and Iris Capital

By Connie Loizos — 3 years ago

Scality, a San Francisco-based startup that is focused on large-scale storage management, has closed on $22 million in Series C funding, bringing its total capital raised to $35 million. Menlo Ventures and Iris Capital led the round, which included participation from FSN PME and existing investors Idinvest Partners, OMNES Capital, and Galileo Partners.

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