US entrepreneurs from minority backgrounds to gain funding vehicle if cable company Comcast’s merger with broadcaster NBC Universal goes ahead.
Month: July 2010
Intellikine gains potentially infinite payments stream
Novartis Venture Funds, the corporate venturing division of Switzerland-based Novartis ranked first by Global Corporate Venturing last month, has been an important investor in Intellikine and Infinity, which have struck a licensing agreement.
Poxel gains French backing for A round
Largest series A round in France for five years sets up Merck Serono spin out Poxel for diabetes drug development.
FusionOne achieves exit to Synchronoss
After more than $140m of funding in 12 years, FusionOne sells to Nasdaq-listed software peer Synchronoss Technologies.
Google Ventures leads second healthcare investment
IPierian joins Adimab as second public minority investment by search group’s corporate venturing division.
The9 takes first non-Asian minority stake
Aurora Feint adds China-based game developer The9 to Japan’s DeNA as its strategic investors.
UK venture funding falls
NESTA calculates venture capital funding in UK fell by about a quarter last year.
Liberty Interactive backs Lockerz site
US media group Liberty owns 65% of social commerce site Lockerz with new funding.
EMC chews on Greenplum deal
Data stroage company EMC rather than Greenplum’s strategic investor Oracle buys target after venture backing.
Allegis Capital hires Mayfield’s CFO
Kendall Cooper joins US-based venture capital firm Allegis Capital, which has close links to strategic investors, as its chief financial officer.
AFS finds Zayo as buyer
American Fiber Systems sells to Zayo Group a decade after its first funding.
Asian investors back Solargen Energy
UMC Capital and Chinatrust Venture Capital support series B stock placement for Solargen.
Calistoga pulls in bumper C round
Venture capital and corporate venturing units stump up $40m for Calistoga Pharmaceuticals’ series C round.
Move examines strategic options
Internet broadcaster Move Networks looks for potential sale.