Albion Ventures had decided to invest in Aridhia for its cutting edge informatics platform. One of the largest venture capitalists in the United Kingdom, Albion Ventures, had led a substantial investment in health and biomedical informatics company Aridhia Informatics Ltd.
Funding
Lime Rock closes third fund with USD 750 million
Lime Rock closed its third fund with USD 750 million in capital commitments. Private equity company Lime Rock said it was able to close Lime Rock Resources III with capital commitments amounting to USD 750 million.
Google Ventures leads USD 12 million Series B funding round for Enterproid
Google Ventures led the Series B funding round for software firm Enterproid, of which the round raised USD12 million.
Fenergo secures EUR 4 million in funds from Ulster Bank Diageo Venture Fund
Software company Fenergo raised EUR 4 million from Investec Ventures-backed Ulster Bank Diageo Venture Fund.
Pamlico Capital closes Pamlico Capital III with USD 650 million
Pamlico Capital closed Pamlico Capital III with USD 650 million in an oversubscribed round. Pamlico Capital announced it was able to close Pamlico Capital III with USD 650 million.
Latest News
Twitter Inc would be valued at most USD20 billion post-IPO (initial public offering), said hedge funds Ironfire Capital LLC and Gamco Investors Inc.
The initial public offering of Stock Spirits Group would value the company at GBP 420 million or USD 675 million.
Michael Smith, current Australia and New Zealand Bank CEO, in an interview with Bloomberg's Susan Li said Hong Kong is the stepping stone towards China.
A source said Vodafone Group Plc was not interested in bidding for Telecom Italia's Tim Participacoes SA.
A report released by the National Venture Capital Association showed a record USD4.1 billion was raised by 54 venture capital firms in the past 12 months.
Digital Generation (DG) announced its recent acquisition of Republic Project for USD1.4 million in cash and target-based earn-out payments.
New venture fund Flint Capital announced that it had invested an undisclosed amount in Russian task assignment platform startup Youdo.com.
In an announcement today, former executives of Finam Global launched Flint Capital, a USD30 million fund that is focused on placing investments in Internet and innovative hardware startups.
Yusuf Bin Ahmed Kanoo Holdings Ltd purchased the business interests of Thomas Cook Group in Egypt and Lebanon.
