Augure said Monday it raised $16 million from existing investors including Serena Capital, Ventech, OTC Agregator and Amundi private equity funds, along with two newcomers, Seventure Partners and Bpifrance. With offices in Paris, Madrid, London and Girona, Spain, Augure provides marketing software.Continue
The European Investment Fund has chosen Ventech for two mandates focused on investments in Germany and Bavaria, which has boosted the size of Ventech Capital F to 110 million euros ($137.6 million) in its second closing. Along with the commitment, Ventech plans to open an office in Munich, to be led by managing partner Christian Claussen.Continue
According to an SEC filing, Jumei International Holding Limited has filed for a $400 million IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be determined. Goldman Sachs (Asia), Credit Suisse and J.P. Morgan will serve as lead underwriters. Based in Beijing, Jumei, which is backed by Sequoia Capital and Ventech, is an online retailer.Continue
Oktogo, the company operating Russia’s major hotel e-commerce business, Oktogo.ru, has acquired Travel.ru, a Russian online travel portal. Oktogo.ru backers include VTB Capital, Mangrove Capital Partners, Ventech and ABRT.Continue
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.Continue
Pharmaceutical company Boehringer Ingelheim is to acquire the global rights to Funxional Therapeutics‘ FX125L compound and somatotaxin programme. Funxional Therapeutics was founded by David Grainger with initial investment from Index Ventures and Novo A/S in 2006 and Ventech leading a Series B financing. PRESS RELEASE Today, Boehringer Ingelheim, one of the world’s leading pharmaceutical companies, […]Continue
European venture firms are realizing the importance of a global footprint and Asia is the sought-after location of the moment for these LPs. In this slideshow, peHUB takes a look at the top ten European venture investors in Asia by deal value so far this year.
China is the Asian country of choice in 2011 for European venture firms with eight companies attracting European venture commitments in this top ten.
Private equity and venture capital firms invested $22.8 billion in Chinese companies by the end of the third quarter, according to a joint study by Deutsche Börse and CMS Hasche Sigle presented as part of the German Equity Forum in Frankfurt on Nov. 22. That figure compares with $15.8 billion for the whole of 2010.Continue
After recently closing a $5 million financing round, Russian game publisher Pixonic has opened offices in San Francisco. The company, formed in 2009, is backed by venture investors including Ventech, Kite Ventures and TA Venture.Continue
Graftys, a medical device start-up based in Aix-en-Provence, France, has raised 4 million euros ($5.3 million) in a third round of financing. The company, which is focused on bone biologics, is backed by Ventech, Octalfa, Oreo Finances and Viveris Management.Continue
Funxional Therapeutics Ltd., a UK-based developer of anti-inflammatory therapies, has raised €10 million in Series B funding. Ventech was joined by return backers Index Ventures and Novo AS.Continue
Covagen AG, a Zurich-based developer of a novel class of protein therapeutics, has secured an undisclosed amount of seed funding from Ventech.Continue