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February 08, 2010

Berlin's Brands4friends Invests in London's SecretSale

Shopping club Brands4friends.de, based in Berlin, has made an investment in similar site SecretSale, although they are not disclosing.

If you are not familiar with either company, we first noticed Brands4friends.de at the 2009 NOAH Conference where founder and CEO Christian Heitmeyer, gave a quirky presentation on the startup's tremendous growth in Germany. The company boasts having over 2.5M members in Germany alone, and that in the two years since it has been founded, revenues of €80M.

In the UK, SecretSales competes with the likes of Brand Alley, Vente Privee, Cocosa and The Outnet.

In November 2008, Brands4friends, raised over €10M in third-round funding. The round was led by Partech International, joined by Mangrove Capital Partners and Holtzbrinck Ventures.

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Edited By Hanif O'Neil

Posted to M&A | Venture Capital | eCommerce | TrackBack (0) | Permalink

Greenhouse Emissions Management Platform Raises $5.5M

AMEE, a company that provides technology for enterprises to calculate greenhouse emissions, has raised $5.5M (€4M) for its newly built carbon computation engine (the largest of its kind). Amadeus Capital led the Series B round; O'Reilly AlphaTech Ventures and Union Square Ventures were a part of the deal as well.

With offices in the US and UK, AMEE has quickly advanced in the "clean-tech" space, as an independent source for carbon calculations. It provides detail accounts of carbon emissions, which is makes it easier to audit and track the environmental impact of daily business activities and products. This is good news for carbon accounting practitioners and governments looking to track their carbon footprint and set emissions reduction targets. Using AMEE's API, practitioners can embed best-practice carbon models required by the Global Reporting Initiative (GRI), the Carbon Reduction Commitment (CRC), and others.

Enterprise carbon accounting is projected to reach $4B (€2.9M) by 2017, yet enterprise management is not is the only focus in AMEE's strategic vision. Today's deal is only one avenue to become "the world's energy meter." In December, the company partnered with energy management service AlertMe, to provide business intelligence solutions for home-based businesses as well.

By Hanif O'Neil

Posted to Cleantech | Emdedded Systems | Venture Capital | TrackBack (0) | Permalink

February 03, 2010

UK's Seedcamp Announces Applications Call for Prague

Earlier this week Seedcamp opened its call for Mini Seedcamp Prague. Seedcamp is on the road looking for new European talent and innovation. This month Mini Seedcamp will be in Zagreb, moving onto Prague in March. There is much talent in the region; the entrepreneurship community looks to build on the success it had last year in Warsaw.

For more information regarding Mini Seedcamp Prague, click here.