Bright Capital, the $350m corporate venturing unit of Russia-based conglomerate Ru-Com, led the B round's first tranche that diluted existing shareholders, building materials producer Chaux de Contern and venture capital firm I2BF.

Epuramat, a Luxembourg-based provider of chemicals-free water and wastewater treatments, has closed the first tranche of its series B round at €8.3m ($10m).

Bright Capital, the $350m corporate venturing unit of Russia-based conglomerate Ru-Com, led the B round that diluted existing shareholders, building materials producer Chaux de Contern and venture capital firm I2BF.

In March 2010, Pitt Pirrotte, a founding member of Property Partners, the largest real estate consultant in Luxembourg, and a member of the Cushman & Wakefield Alliance,…