Euro Ventures - Thursday, July 19, 2007
This Week in Euro Tech Ventures
Investments
+ Delamaison.fr, which sells home furnishing and decorations, has raised €3.3M.
+ Mangrove invests in Luxembourg's music service Jamendo.
+ Created by the merger of Photoways and Photobox last year, Photoways Group has closed a new round of funding at €10M.
+ We covered pan-European exclusive (invite-only) Internet shopping site, BuyVIP, a few months back when we spotted a Euro trend in online shopping clubs. 3i has announced an investment in BuyVIP.
+ Norway's electric car company TH!NK GLOBAL raises $60M.
IPO
+ Virgin owned Game Development International is net yet a fully launched business and it is talking up a €1B listing in the UK.
+ Three former Ballard Power Systems employees in Germany have raised an undisclosed amount from business angels to develop their fuel cell business, FutureE Fuel Cell Solutions.
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