angela sormani
The MaRS Cleantech Fund has completed a venture deal with Toronto energy storage firm Hydrostor. Hydrostor's technology converts surplus electrical energy to underwater compressed air and stores it for use at peak times.
NeuroPhage Pharmaceuticals, a company developing breakthrough therapies for neurodegenerative diseases, has raised $6.4 million in a private equity financing round. Merieux Developpement led the financing with participation from all current Neurophage investors, including Shire LLC.
Kinetic Social, a social media advertising technology company has raised $8 million in an initial close of a Series A round of financing. The equity financing was provided by Cincinnati-based Blue Chip Venture Company and venture debt financing was provided by Chicago-based Gibraltar Business Capital.
Relay Ventures has acquired an aggregate of 35,937,500 Class A Subordinate Voting Shares in the capital of theScore at a price of $0.16 per Class A Share. theScore is a Canadian digital media company.
Saudi Aramco Energy Ventures, the corporate venturing subsidiary of Saudi Aramco, has made an investment in AnTech. The company is a UK-based developer of directional coiled tubing drilling (DCTD) products and services.
Saudi Aramco Energy Ventures, the corporate venturing subsidiary of Saudi Aramco, has closed an investment into Sekal AS. The business offers real time decision support and automation software, together with related consultancy and support services to the oil and gas industry.
Leap2 has received $1.6 million from individual and institutional investors led by Dundee Venture Capital, with support from OpenAir Equity, Linseed Capital and Wichita Technology Corporation. Based in Kansas City, MO, Leap2 is a search platform provider.
Infinity Augmented Reality director, Moshe Hogeg, has co-founded a new venture capital fund, Genesis Angels. Led by former Israeli Prime Minister Ehud Olmert, Kazakh industrialist Kenges Rakishev, the other co-founder behind Genesis Angels, and Israeli entrepreneur, CEO of Mobli, and Director of Infinity AR, Moshe Hogeg, this new venture capital firm will be focusing on early stage investment in startup companies in augmented reality, artificial intelligence, robotic innovations and similar cutting edge technologies.
Dynamic Yield, a developer of real-time audience personalization software that increases revenue yield and key engagement metrics for online publishers and e-commerce websites, has secured $2 million in Series A funding led by Bessemer Venture Partners. Founded in 2012, Dynamic Yield is a developer of yield optimization products for websites.
Genticel, a biopharmaceutical company developing innovative vaccines for patients infected with human papillomavirus (HPV), has raised 18.2 million euros ($23.7 million) in additional capital. Wellington Partners led the round which included all current institutional investors IDInvest Partners, Edmond de Rothschild Investment Partners (EdRIP), InnoBio fund*, IRDI and Amundi Private Equity Funds.