Mission Bay Capital, a newly-formed venture capital firm focused on bioscience companies emerging from the California Institute for Quantitative Biosciences and the University of California, has formed its first venture fund. The USD7.5m Mission Bay Capital Fund will be invested in breakthrough companies whose founders or technologies are associated with

A syndicate led by Sofinnova Partners, a Paris-based venture capital firm, has completed a USD12m series A investment in DNP Green Technology, a developer of technologies for molecules to the chemical industry. In addition to Sofinnova, which participated with USD8m in this round, investors include Mitsui Venture Partners, Samsung Ventures

Rock Hill Capital Group’s portfolio company Integrated A/V Systems has completed the acquisition of a majority interest in Creative Presentations, headquartered in New Orleans, Louisiana. Integrated A/V is a full service integration and reseller of audio and video equipment including interactive whiteboards, projectors, LCD and plasma displays, audio systems, and

Global private equity firm The Carlyle Group has agreed to acquire 100 per cent of the outstanding shares of Broadleaf, one of the largest auto after-market software providers to the repair and inspection industry in Japan. Broadleaf is currently owned by Olympus and ITX. The transaction is scheduled to close

Syngenta Ventures has made an equity investment in Metabolon, a privately-held US biotechnology company focused on the use of metabolomics in research and diagnostics. This is the first direct investment by Syngenta Ventures, Syngenta’s newly-established corporate venture capital subsidiary. "The creation of Syngenta Ventures will complement our in-house R&D work

Varicent Software, a provider of sales performance management and incentive compensation management solutions, has raised USD35mn in additional funding led by San Francisco and New York-based FTV Capital.   RBC Venture Partners and EdgeStone Capital Partners, current investors in Varicent, also participated in the new round of funding. The deal

Washington State’s venture capital community shows a slightly more optimistic outlook for the coming quarter, according to the results of the Q4 2009 Venture Capital Outlook Survey from the Washington Technology Industry Association. In what may be a reflection of the beginnings of a broader economic recovery, for the third

Octopus Investments has made a GBP2m investment from the GBP30m Octopus Capital for Enterprise Fund into Monkey Bizness, a UK operator of family entertainment centres. The Octopus investment will be used to strengthen the business’ balance sheet and to finance additional new sites across the UK.  Monkey Bizness currently operates