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Euro Ventures - Thursday, January 10, 2008

This Week in Euro Tech Ventures

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Featured Interview
+ German genealogy site (Verwandt.de) on a roll - new VC and new capital.

a:c Euro Puzzler
+ Brand names that have ended up part of the vocabulary, standing for a whole category of product; for example, Band-Aid, Biro, Scotch Tape, Frisbee, white-out, and Kleenex. Occasionally, they become verbs e.g. hoovering and xeroxing. This week we ask you for a couple recent examples. Naturally we have a few in mind with a technology twist. But there is no one answer.

Investments
+ Spain's Trovit, a vertical search engine for classifieds in six European countries, has raised €600K.

+ UK's Palringo raises $5M for mobile and PC messaging.

+ Bolloré (French battery company) and Pininfarina (Italian auto design firm) are together investing €150M in a joint venture to manufacture a 100% electric car.

+ French motion sensing startup Movea raises €7.3M.

+ Fresh Euro Deals - Mirifice and Inside Contactless.

+ Trivid funded for DIY music video service.

+ Sanako, a learning software company, has raised €5M.

M&A
+ Two rare optoelectronics-related M&A deals were announced this week, one in Germany and one in France.

+ Microsoft Bids $1.2B For Norway's FAST.

+ Roundup of German Web M&A above $100M.

+ Intersema Sensoric, a founder-driven pressure sensor company based in Switzerland, has been acquired by Nasdaq-traded Measurement Specialties for up to $47.4M.
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The company made pressure sensors to Victorinox for this Swiss Army Knife


News & Analysis
+ Day Software, a content management software company, is the new employer of the founders of Mindquarry, a German open source collaborative software platform provider that had been funded by Hasso Plattner Ventures

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