Investors including MedImmune Ventures, push through merger of biotech portfolio companies to form Corridor Pharmaceuticals.
Month: June 2010
Yangzijiang Shipbuilding cornerstones VC fund
Jiangsu Huagong Venture Capital Company gains 20% cornerstone investor in its latest fund.
Vanguard in stock swap with Indian VC firm
Vanguard Management backs Genesis Venture Fund India I after building close ties to firm.
Motricity scales back flotation
US-based provider of mobile software Motricity is backed by two strategic investors but cuts back its flotation offering.
Intel Capital to gain from HiSoft’s flotation
HiSoft Technology International to float on Nasdaq stock exchange and allow exit route for venture backers, including Intel Capital.
WPP continues deal spree with Ace Metrix investment
US television advertising analysis company Ace Metrix gains WPP investment and board member.
Pfizer joins JJDC in Aquinox’s B round
Aquinox Pharmaceuticals brings in second corporate venturing unit to bolster its $25m series B round.
Gen-Probe agrees its largest venturing deal
Pacific Biosciences raises $50m in sixth round of funding by bringing in Nasdaq-listed healthcare diagnostic company Gen-Probe.
Investors increase investment in private companies
Survey by Coller Capital finds investors want to own more stakes in private companies and governments should avoid investing in venture capital.
Motorola returns for KXEN’s fourth round
US-based data analysis company KXEN raises $8m in its series D round from Motorola Ventures and venture capital firms.
Acton takes Frontline position
Hubert Burda Media’s former in-house venture division invests for a minority position in Frontline.
Carrier IQ gains $12m in fourth round
Intel rather than Presidio publicly returns for for Mobile analytics company Carrier IQ series D round.
TSMC chips into Stion shareholders
Solar power company Stion accepts Taiwan Semiconductor Manufacturing Company investment for a 21% stake.
Violin plays for Gear6 assets
Two months after Toshiba backs Violin Memory, the company snaps up peer’s assets.