Ozmo Devices, a provider of low-power Wi-Fi personal area network solutions, has received USD7.5m in series C funding from its current investors Granite Ventures, Intel Capital and Tall

McJunkin Red Man has entered into an agreement to acquire Transmark Fcx Group, an international distributor of specialty valves and flow control equipment.

DFJ Esprit, a venture capital firm and member of the global Draper Fisher Jurvetson network, has formed two new funds totalling USD495m. The funds are DFJ Esprit III, a venture capital fund focused on Europe, and Encore Ventures I, a secondary vehicle which has agreed to acquire 3i’s European venture portfolio.   DFJ Esprit III is a primary venture capital fund with a target of EUR150m (USD215m) and will continue DFJ Esprit’s track record of investing in early and later stage technology companies across Europe. A first close has been held at EUR70m (USD100m) with commitments from the European Investment

Pfingsten Partners’ portfolio company, Closet Works, has acquired Space-Metrics USA, a manufacturer and wholesaler of closet and home organisation systems serving closet dealers.

Internet security company WiseKey and venture capital firm WI Harper have signed a letter of intent to collaborate on developing business opportunities in China.

Hutton Collins, a preferred equity capital specialist, has completed a EUR45m investment in Aquafil, a European producer of fibres for textile flooring.

The Ministry of Food Processing Industries, Government of India, is likely to set up a venture capital fund for investment in the food processing industry in the country.

Mentha Capital and BNP Paribas Private Equity have invested USD10m in Anteryon, a Netherlands based provider of wafer-scale micro optics.

Yorkville Advisors, the US based investment manager to a family of funds, has entered into a GBP3m standby equity distribution agreement with Aim and Frankfurt listed Regency Mines.