Japan-based drugs company Takeda Pharmaceutical rebrands venturing unit Takeda Ventures.
Month: October 2010
Ohio plans university-private partnership
Universities in US state of Ohio have reportedly discussed setting up a $100m venture capital fund in partnership with private industry.
MBA Polymers closes $25m round
MBA Polymers, a US-based industrial plastics recycling company, has raised $25m in its latest round.
Canbank plans venturing fund
India-based Canbank Venture Capital Fund is reportedly to raised R1,000 crore ($224m) in the next financial year from its financial services corporate venturing investors.
Broadcom buys T-Venture’s Percello
Broadcom will pay up to $98m for Percello, an Israel-based developer of microchips for boosting mobile signals indoors, including $12m in performance fees.
Pacific Biosciences hits IPO mid-point
Pacific Biosciences prices 12.5 million common shares at $16 each compared to $15 to $17 it set ahead of its initial public offering, and has a market capitalization of $802m on the Nasdaq stock exchange.
Ikaria updates listing plans
Linde, which owns 17% of Ikaria as part of a $380m cash-and-stock sale in 2007 of its gaseous drug-maker, INO Therapeutics, will see its stake diluted to 13.2% after the IPO.
Nestlé invests $1m in VetCentric
VetCentric, a US-based provider of pet medication deliveries, has raised $3m as part of a continued round of series B funding, with Switzerland-based chocolate company Nestlé investing $1m. VetCentric said Nestlé Venture Capital Fund, the corporate venturing division of the Swiss company run by independent manager Inventages, and venture capital firms Sherbrooke Capital and Asset… Continue reading Nestlé invests $1m in VetCentric
Samsung-backed Nanosys closes $31m round
Nanosys, a US-based technology company that makes small components for lights and batteries, has raised a further $6m to close its extended series E round.
EBay wins Appcelerator round auction
EBay invested in Appcelerator as its payments subsidiary, PayPal, signed an agreement to integrate its merchant channel with Appcelerator’s 77,000 web developers building commerce applications across handsets, tablets, connected TVs, and other devices across the main mobile operating systems.
Pixazza digs deep for Edwards hire
Chas Edwards leaves social news discovery service Digg for Google Ventures-backed Pixazza.
Australia prepares national corporate venturing fund
Pilot fund expected to start next year to bring companies together to invest in nascent businesses and boost Australian innovation.
La Caixa invests in two more
Caixa Capital Risc, Spanish bank La Caixa’s venture capital division, has continued its investment rate by backing two university spin outs. News provider Real Deals said Caixa had backed Spanish life sciences businesses Sagetis Biotech and Chronobiotech from the Instituto Químico de Sarriá and the Universidad de Murcia, respectively. Also this month, Groupalia, a Spain-based… Continue reading La Caixa invests in two more
IDG’s Tudou picks two for IPO
Tudou, which is China ‘s No.2 online video website, will seek to raise between $100m and $150m through its initial public offering in the first three months of next year, Reuters said.