Cleveland, Ohio-based recycling company Vadxx Energy received funding from Liberation Capital, a private equity firm, for its first commercial-scale facility that can transform plastic waste to energy.
Tags: Financing
Ontario Revamps Financial Regulatory Companies
Referring to a call for modernization, the Finance Minister of Ontario revealed on Tuesday the government’s plan to overhaul some of the financial regulatory bodies in the province to create a new watchdog with its center of attention on consumers.
‘The revolution is over’, Says UK Financial Watchdog
Just as the Britain arranges its exit from EU, United Kingdom’s newest financial watchdog guides into a new age of banks and insurance companies’ oversight.
Western Alliance Bank to buy part of GE Capital assets
US-based Western Alliance Bank has decided to buy GE Capital assets from General Electric Co. The deal is expected to be completed by end of 2016. General Electric will focus on its core industrial operations.
Tarsis Closes Financing
Tarsis is pleased to announce that the Company has closed the $450,000 financing as previously announced. The financing was comprised of 9 million units. Marc Blythe, President & CEO, commented that "We were very pleased with the support shown from our existing shareholders and a few new strategic shareholders.
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A working capital facility was made available by Black Pearl Capital Fund for Ennovar's production.
Blumberg Capital raises USD150 million with its venture capital seed fund. In an announcement, Blumberg Capital said it had closed Blumberg Capital III.
Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.
Alitalia, an almost bankrupt Italian firm, had received a lifeline last Friday after the company's board approved a capital increase, reported Reuters.
The city of Detroit had gotten a USD350 million debtor-in-possession financing from Barclays Plc after filing for bankruptcy last July.
MongoDB announced that it was able to score USD 150 million in financing from various investors. Data management firm MongoDB said it was able to raise USD 150 million in capital commitments from its latest financing round.
Deerfield announced today funding of a credit facility for Imris Inc. valued USD25 million. Deerfield operates as a leading investment management firm.
Alongside its iPhone app launch, Sportslobster receives another USD1 million. Sportslobster. com, the sports social network, had announced the receipt of a further USD1 million funding alongside its September 2013 iPhone app launch.
Private equity firms perform at higher levels in terms of buyout financing compared to the previous year.
