Hungarian VC fund company DBH, the investment partner of the JEREMIE Program since 2009, has made an investment of HUF 200 mln into healthcare service provider, Indiso. The Debrecen-based company provides medical services in the form of Speleotherapy, using natural salt (NaCl) to treat respiratory diseases caused by a variety of environmental and personal, social conditions [...]
17/05/2012
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Farmeron, Zerply Bag 500 Startups Funding
If you thought the investment landscape was drab and dreary, how about a mash-up between Facebook and Farmville? Farmeron, a Croatian company developing software for keeping profiles of farm animals, has just bagged a round of investment from 500 Startups. The company’s web-based farm management application helped them be a finalist at this year’s Seedcamp [...]
15/05/2012
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Hungarian Promo App Company Antavo Gets Seedcamp Investment
After reviewing Antavo during the Seedcamp event in Tel Aviv on March 29, the early-stage mentoring and investment program has invested into the online marketing applications company that is based in Hungary. Of the seven members of Antavo, three of them have already set up operations in London with the hope of finding partners to [...]
15/05/2012
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Blavatnik Injects US $200 Mln Into Rocket Internet
The Samwer brothers’ now famous Berlin incubator, Rocket Internet, has bagged a whopping USD 200 mln in funding from Russian-American billionaire Len Blavatnik. With that investment, Blavatnik’s Access Industries will now be the second largest investor in Rocket Internet, after Swedish investment house Kinnevik’s recent Eur 300 mln that was pumped in during the last [...]
14/05/2012
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IQ Partners Extended Portfolio with Two New Companies
IQ Partners acquired a minority in seed-stage IT companies Performance Marketing Solutions (PMS) Sp. and Innovations Next Sp. This is IQ Partners third investment within a month. PMS and Innovation Next were already supported before by InQbe.pl, the incubator of IQ Partners. PMS offers performance based internet marketing solutions for website owners and advertisers whereas [...]
11/05/2012
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Vox.io – the next Skype?
Europe has already given us one great VoIP company – Skype, but it looks like European market seems to be interested in giving us more. One of the sexiest entrants to this crowded VoIP game is Vox.io. It is a Slovenia based VoIP company that makes phone calling highly social. Currently it has a web [...]
11/05/2012
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Balderton Backs Social Media Search Tool Archify
Balderton Capital, one of Europe’s premier VC firms, has invested in Archify, a tech company that is developing a web page archive and search plug-in for browsers. The investment will be used by the target company to complete the development of its product and also develop a mobile version of the application. Archify is also [...]
10/05/2012
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Lingibli – what do you want to learn today?
How often do you find yourselves in a foreign nation and find wanting to speak in the local tongue? As travel frequency increases in an increasingly compressed world, there is a definite market to help the travels picking up a few commonly used phrases and words in the local language. This is what the Bratilsava, [...]
10/05/2012
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VTB Partners With Fast Lane Ventures, Targets Russian Internet Market
A JV partnership is brewing between Fast Lane Ventures and VTB Capital to tap the Russian internet market. VTB is doing this with a series C round of funding in Fast Lane valued at around USD 18 mln. Individual investors and business angels, apart from eVenture Capital Partners, are also named as participants in this [...]
09/05/2012
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Prezi – Powerful way to create presentations
Are you sick and tired of Powerpoint? It is quite possible that you are. In the decade and a half since it came out, Powerpoint has been heavily overused, beating most corporate meetings to death and made presentations and talks into dull and boring affairs. However, a few startups are fighting to save you from [...]
08/05/2012
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Baring Vostok, Accel Partners Fund Prime Russian Classifieds Site Avito.ru
Baring Vostok PE, through their Baring Vostok PE Fund IV, and Accel Partners have participated in a round of funding for Russia’s biggest classifieds portal Avito.ru. The USD 75 mln round of financing also saw existing investors Kinnevik and Northzone taking part in the series. Avito.ru currently boasts 30 mln unique monthly visitors, and the [...]
07/05/2012
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Enerjisa Gets €135 Mln Windfall From EBRD
The European Bank for Reconstruction and Development (EBRD) has made yet another investment in the wind power sector – this time in Turkey – with a EUR 135 mln loan to Turkey’s leading private energy company, Enerjisa. The loan will be used to build a 142.5 MW wind power facility in Balikesir in the western [...]
05/05/2012
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New CapMan Fund Backed By EBRD
The European Bank for Reconstruction and Development (EBRD) has agreed to an equity investment of up to EUR 50 mln in the CapMan Group for its new Guernsey-based operation, CapMan Russia Fund II. The investment cannot exceed 30 percent of total capital commitments. The new fund’s objective is to acquire significant minority holdings in companies [...]
04/05/2012
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Penta And Eastbridge Up Their Offer For Stake In Polish Retail Group EM&F
PE firm Penta Investments and asset managers Eastbridge have now raised their bid for Polish retail company Empik Media & Fashion to PLZ 10.38 per share. The first offer, pegged at PLZ 410 mln for a 40-percent stake in the company, was rejected in favor of a higher bid, which seems to have come through. [...]
03/05/2012
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$2 Mln For Ukrainian Java App Cloud Deployment Platform Jelastic
Java hosting platform Jelastic, based in the Ukraine, has raised a USD 2 mln fund from Almaz Capital and Foresight Ventures. The investment comes at a time when Java hosting is a tedious process involving a long list of compliance requirements. Jelastic’s team launched the beta version last October with the help of an initial [...]
03/05/2012
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Enterprise Investors Takes On 35% BLStream Stake
Enterprise Investors, through their Enterprise Venture Fund I (EVF I), have invested EUR 5.5 mln in BLStream, a mobile software technology company. The funding will put 35 percent of the company’s stake in the hands of Enterprise Investors, and will be used to expand the company through acquisitions, as well as to develop their software [...]
02/05/2012
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Carint Scanmed Majority Bought Out By American Heart Of Poland
American Heart of Poland (AHP), the Polish network of cardiovascular treatment facilities across the South Krakow region, which is now owned by Advent International, has bought a majority stake (50 percent + 1) in Carint Scanmed, one of the country’s industry leaders. The purchase was made from the parent company, Scanmed Group which, in turn [...]
01/05/2012
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EBRD Sets Sails For First Wind Project In Ukraine
The European Bank for Reconstruction and Development (EBRD) is making its foray into the wind power market in Ukraine with a joint EUR 13.3 mln financing of Eco-Optima, a Ukraine-Italy joint venture undertaking. The two loans comprising the financing of the wind farm in Western Ukraine, in the Staryy Sambir region, are a 10-year EUR 9.5 [...]
30/04/2012
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CloudArena Bags 212 Capital Partners Investment
Early-stage VC fund 212 Capital Partners, under advisement of 212 Ltd., will be making its fifth successful investment this year with CloudArena, an SaaS company offering a socialized environment for the hotel management industry. This is also their second investment in the hospitality industry in Turkey, after their recent funding of hemenkiralik.com. CloudArena (www.cloudarena.com) CloudArena is [...]
27/04/2012
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Enterprise Investors Put $28 Mln In New Polish Shale Gas Company
US-funded Poland and CEE-centric fund Enterprise Investors has decided to take a gamble on Poland’s shale reserves with an investment of USD 28 mln into United Oilfield Services (UOS), a Polish seismic, drilling and well completion service company. The deal was completed through Enterprise Investors’ Polish Enterprise Fund VI. Though the production of natural gas [...]
18/05/2012
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