Deals
Chrysalix Energy Venture Capital (Chrysalix EVC), a cleantech venture capital firm and a member of the Chrysalix Global Network (CGN), has made an investment in MineSense Technologies, a provider of sensor-based sorting systems to pre-concentrate low-grade ores in the metal mining industry.
The series A round was done exclusively by Chrysalix EVC and marks the first time the firm has invested in a start-up dedicated to mining technology.
“Mining has always been a highly energy-intensive industry. However, it faces mounting challenges with declining ore grades and less favourable ore bodies, further exacerbating energy use and squeezing margins. Now is a
ABB, the power and automation technology group, has led a USD12m investment in Scotrenewables Tidal Power, a provider of tidal turbine systems, to support the rollout of a new hydrokinetic device and to expand ABB’s renewable energy assets.
ABB’s participation was made through its venture capital unit, ABB Technology Ventures (ATV), which invests in early and growth stage companies with technologies of strategic importance to the industries it serves. The investment round included participation from existing strategic investors Total New Energies, a unit of oil major Total, and Fred Olsen, the Norwegian maritime conglomerate, through its associated Bonheur and Ganger
India’s drive to lure investors from overseas received a boost in 2012 with the adoption of the Qualified Foreign Investor initiative, but to remain one of the world’s top investment destinations the nation should review its depositary receipt (DR) regulations, says BNY Mellon in its new report, ‘India: Easing Conditions for Investors’.
India’s first depositary receipt programme for Reliance Industries was established in 1992. Since then, only 13 Indian corporate have established American Depositary Receipt programmes. As a result, consensus is growing amongst the global investment community that India needs to consider re-evaluating its DR rules to stay abreast of
Marley Coffee has settled over USD1 million in debt and trade payables, removing these obligations from its balance sheet, in exchange for the issuance of shares of its common stock to Ironridge Global IV, an institutional investor specialising in direct equity investments in consumer product companies.
Ironridge previously purchased certain debts of the Company held by third party creditors, which make up the amount settled.
The Company continues to pursue an aggressive growth strategy to meet surging customer demand. This transaction is intended to increase Marley Coffee’s future cash flows and strengthen its balance sheet, which will in turn give
The stalking horse bid submitted by affiliates of Apollo Global Management (Apollo) and Metropoulos & Co (Metropoulos) for the majority of the Hostess Brands’ snack cake business, which includes both Hostess and Dolly Madison branded products, will be the bid presented for approval to the US Bankruptcy Court as no other qualified bids were received for those assets.
Apollo and Metropoulos have agreed to pay USD410 million to purchase the brands, five bakeries and certain equipment. Among the products included are the Company’s Twinkies, Ho Hos, Ding Dongs and Donettes snack cakes. The Company will ask the US Bankruptcy Court
French company EyeTechCare has secured a third round of funding amounting to EUR10m.
Bernard Chauvin, a private investor, has taken an equity stake in the company alongside the two of the existing investors which also contributed to this round of funding: the capital investment company Omnes Capital (formerly Crédit Agricole Private Equity) and the Lyon-based insurer SHAM.
Since its last round of funding in 2010, EyeTechCare has completed the EyeMUST 1 trial, which tested the EyeOP1 device on around 60 glaucoma patients in nine centres in France. In May 2011, EyeTechCare obtained the CE mark, allowing the company to start
Maven Capital Partners, a venture capital trust, private equity and alternative asset manager, has made a partial exit from its investment in Homelux Nenplas via the sale of the Homelux Division to US firm QEP Company.
Homelux is a supplier of tile accessories to the DIY and professional market. Specialising in the marketing and merchandising of kitchen and bathroom products, the business supplies home improvement outlets across the UK, Europe and North America.
Since Maven invested in the management buyout of the business in 2006, in a transaction led by Andrew Ferguson of Maven’s Birmingham team, the company has grown
Lund International, a portfolio company of Highlander Partners, has acquired the Prestige Fender Flare assets of Empower Group.
Prestige Fender Flares is a designer and producer of premium quality fender flares sold throughout the US.
Co-founders Anthony Liu and Robert Chen, who have built Prestige into a leading provider of fender flares in the automotive aftermarket, will join Lund in a management capacity focusing on new product development.
Liu and Chen say: "We are excited to complete this transaction with Lund and look forward to leveraging its extensive, multi-channel distribution capabilities to continue to grow in the fender flare market
MacuLogix, a specialist in the early detection and tracking of age-related macular degeneration (AMD), has raised USD3.6m in series A funding.
Investors include Berwind Private Equity, Roche Venture Fund, Life Sciences Greenhouse of Central Pennsylvania, and Ben Franklin Technology Partners of Central and Northern Pennsylvania.
The funds will be used to accelerate manufacturing and commercial sales of the MacuLogix’ AdaptDx. The AdaptDx is being developed to be the first practical diagnostic for early detection and tracking of AMD. Based on significant advances in the measurement of dark adaptation, the AdaptDx will provide doctors with an easy-to-use, functional diagnostic similar to
Dominion has signed a purchase and sale agreement for three merchant generation power stations with a subsidiary of funds controlled by Energy Capital Partners, a private equity firm with offices in New Jersey and California.
The sale is expected to close in the second quarter of 2013.
The power stations are:
Brayton Point Power Station, a 1,528-megawatt power station in Somerset, Massachusetts, with three coal-fired units and one unit fired by oil or natural gas. Dominion has owned it since 2005.
Kincaid Power Station, a 1,158-megawatt power station in Kincaid, Ilinois, with two 579-megawatt coal-fired units. Dominion has owned Kincaid
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
