Forbion Capital Partners has invested in Oxyrane UK Limited, a biopharmaceutical company dedicated to the development of enzyme replacement therapies (ERT) to treat lysosomal storage diseases, a class of more than forty rare inherited diseases. In its oversubscribed Series D financing round the company raised USD26.5m. Other investors in the round include Morningside Groups and existing investor New Science Ventures. On behalf of Forbion Sander Slootweg (Forbion Capital Partners) has joined the board of Oxyrane next to Dr. Gerald Chan of Morningside Group.   The current fundraising will enable Oxyrane to advance its lead ERT treatment for Pompe disease from

Dutchess Opportunity Cayman Fund, Ltd and First Columbus have provided a GBP10 million equity line facility (ELF) with Solo Oil.   All companies, including energy companies like Solo, have found the benefits of the ELF over other structures because the efficiency and ease to raise capital. Dutchess continues to increase its presence in global markets providing funding for all types of companies.   Douglas Leighton (pictured), managing partner of Dutchess, says: “We are pleased to have been chosen by Solo to be the provider of this ELF. The ELF will give the company the flexibility to raise funds when the management deems it

The private equity group HgCapital is in preliminary talks to re-purchase the main part of Iris Software Group, four years after selling it to Hellman & Friedman. The deal is valued at GBP425 million, although sources have stressed that a possible deal is still several weeks away, and is by no means certain. Richard Moulton (pictured), head of private equity at international law firm Eversheds, says: “News that HgCapital is in talks with its previous investee company, Iris Software Group, is less surprising than many would at first think. Given the scarcity of high quality businesses for sale at the

Phoenix Equity Partners, a UK mid-market private equity investor, has funded an additional GBP12 million to its portfolio company edif Group to complete the acquisition of NDE Global Technical Services GmbH and its subsidiaries (together NDE), from its private owners. NDE’s founder shareholders and management team will become shareholders in edif Group. NDE’s services include vendor inspection, expediting, project management, mill pipe surveillance, project staffing and outsourced quality assurance. NDE’s network of qualified field inspectors supports customers, principally in the oil and gas sector, to ensure that major capital projects are completed to specification and in a timely manner. NDE

Independent venture capital firm, Panoramic Growth Equity (PGE), has secured a GBP1m investment in Concorde Solutions Limited, a multi-award-winning software asset management company based in Reading. Funding from PGE’s Panoramic ECF1 will be used to help Concorde, which turned over GBP1.8m in 2010 – up 140% YOY, launch a new SaaS product in 2012 into the data centre and cloud computing markets and expand its professional and managed services to markets worldwide. David Wilson, partner at PGE, says: “We are delighted to have acquired an equity stake in Concorde, a young and dynamic IT services company. Concorde has all the

Mootwin, editor of a platform for the creation of mobile applications in SaaS mode or under license, has completed its second round of fundraising to support its development projects in France and abroad. Naxicap Partners and Seventure joined existing investors Rhône-Alpes Création, Expansinvest, Crédit Agricole Développement, Héléa Financière and Teamgroup Investment, in the latest round of fundraising. “This second round of fundraising with solid financial partners will be used to support and step up growth in France and abroad,” says Claude Lemardeley, CEO and Co-Founder of Mootwin. “We have decided to invest in Mootwin because it developed a specific technology

Marketo, the fastest-growing provider of Revenue Performance Management (RPM) technology, has secured USD50 million in new venture financing. Battery Ventures led the round, with existing investors Institutional Venture Partners, InterWest Partners, Mayfield Fund and Storm Ventures also participating. In just five years since its founding, Marketo has delivered a proven business solution for any company looking to accelerate predictable revenue growth. Marketo will use the infusion of new capital to further its aggressive growth strategy. 

"Because of our industry-leading growth in revenues and market share, Marketo had many options for capital. To stay focused on growth, our best choice was

BlueMountain Capital Management (BlueMountain), a private investment firm specialising in the global credit markets with USD7 billion in assets under management, has purchased a majority equity stake in Navitas Lease Corporation (Navitas). This investment was made with funds managed by BlueMountain and will provide Navitas with additional capital to support its multi-year growth plan.  “Navitas possesses the talent and resources to become a dominant competitor in the equipment finance industry,” says Brad Schwartz, BlueMountain’s lead portfolio manager for asset-backed strategies. “Taking into account that this is a highly underserved market, Navitas has tremendous opportunities to serve the small business community’s

Salorix, Inc. a social media marketing and analytics firm developing a new platform for social media campaign management, has secured USD3.5 million in Series A investment, co-led by Inventus Capital Partners and Nexus Venture Partners. "Central to our development has been an unwavering commitment to provide global customers with best-in-class solutions tailored to digital marketing needs, focused on their social media initiatives and enabling them to respond to new market complexities," says Dr Santanu Bhattacharya, CEO of Salorix. "Investments from Inventus and Nexus, two leading firms with a history of promoting investments in pioneering technologies in emerging marketplaces, will enable