Weekly corporate venturing deal net: 8-12 February 2016

Feb 12, 2016 • Robert Lavine

Dubai-based solar project developer Adenium provided an undisclosed amount of funding on Monday for US-based residential solar system installer American Solar Direct (ASD). The capital will be used to accelerate the growth of ASD’s partner-based channel initiative, which supplies its technology and installation expertise to third-party residential solar power companies.

India-based tutoring service Avanti Learning Centres has received Rs 331m ($4.9m) in its third round of funding, which was led by Michael & Susan Dell Foundation and backed by educational…

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