AAA May 2010 – Page 2

US Army backs Ogmento’s war games

The US Army has led a $3.5m first round of investment in Ogmento, a New York-based company that adds computer-generated images to the physical real-world environment, known as augmented reality. Leading the series A round was Chart Venture Partners, a $100m venture capital fund investing in security-related technologies formed by Chart Group, a private investment… Continue reading US Army backs Ogmento’s war games

Intel becomes third strategic at TRA

A third strategic investor has joined the syndicate backing US-based market research company TRA Global’s third round of funding in the three years since its launch. Intel Capital, the in-house venture capital division of US chip maker Intel, invested $10m as part of TRA’s $18.2m series C round. Its investment came from the $200m Intel… Continue reading Intel becomes third strategic at TRA

Novo makes Logical reinvestment

Denmark-based medical foundation Novo, which invests $300m per year through its corporate venturing funds, has reinvested in US-based drugs company Logical Therapeutics’ in its third round of funding. Logical raised $16.9m in its series C round led by venture capital firms SV Life Sciences (SVLS) and Novitas Capital and including merchant bank and VC Burrill… Continue reading Novo makes Logical reinvestment

Dow reinvests for Noxxon’s €110m funding marathon

Dow Venture Capital, the corporate venturing unit of US-based Dow Chemical Company, has reinvested in Germany-based healthcare company Noxxon Pharma’s fourth round of funding. Noxxon raised €33m ($40.8m) in its series D round led by US and Germany-based venture capital firm NGN Capital as a new investor. NGN’s VC and German state-backed peers, TVM Capital,… Continue reading Dow reinvests for Noxxon’s €110m funding marathon