Kaizen, a private equity fund focused on the education sector led the B round.

JSR Micro formed a partnership with Capstone in November 2011 to provide its lithium ion battery to Capstone, which provides wireless water meters.

Ballpark Ventures led the consortium of ex-corporate venturing super angels and VCs backing LoopMe.

Gyft, a US-based mobile gift card management application, has raised $1.25m from a consortium including Google Ventures, which led the round, and was joined by venture firms Founder Collective and 500 Startups.

Alongside Robert Bosch Venture Capital (RBVC) in the A round, were venture firms I2BF Global Ventures and Waarde Capital.

Cerbomed, a Germany-based medical device company that focuses on neuromodulation to treat mental illness, has raised $2.6m from peer Cyberonics.

Alongside Foley Ventures in the round were venture capital firms Baird Venture Partners, GCI and Calumet Venture Fund and the State of Wisconsin Investment Board.