US state pension fund severs ties with Pacific Corporate Group.
Month: October 2010
UCB shakes on $20m Synosia investment
UCB drugs company invests $20m and signs licensing agreement worth up to $725m with Synosia Therapeutics.
Inovisi takes stake in Ozura World
Pak Jerry, president of Indonesia-based Inovisi, says $30m investment and partnership with Ozura World will enable the company to ride on the mobile internet phenomenon.
Mail.ru plans UK flotation
Naspers and Tencent-backed Mail.ru could be worth up to $5bn at its London listing.
Solar Roadways wins first prize at GE ecomagination
Out of 3,795 ideas in the Challenge, Solar Roadways wins the largest number of public votes.
Jasper Infotech raises India fund
The Jasper Marketing Innovation Fund will invest between $50,000 and $250,000 for minority or majority stakes, news provider VC Circle said.
Auxogyn licenses Stanford innovation
Merck Serono Ventures sees Auxogyn license Stanford research.
Christie enters Light Blue syndicate
Christie, a global maker of projection equipment, joins as a new investor in Light Blue Optics.
AdKeeper adds NYT to seed launch
Publisher New York Times Company backs AdKeeper’s launch alongside venture and angel investors.
Hulu circles US flotation
The initial public offering could value Hulu at about $2bn could be filed with the US regulator this year and take place in the first half of next year, Reuters said.
3M backs Printechnologics
3M’s New Ventures business invests an undisclosed amount in Printechnologics as both companies develop electronic circuitry on paper or foil.
Swisscom adds to Immatics harvest
Europe’s largest venture round of the year doubles to more than $150m the amount raised by Immatics Biotechnologies since its launch.
Taylor sends Giftango $5m present
Giftango closes $5m B round led by Taylor.
TauTona Group raises $50m fund
Venture capital firm TauTona Group seeks strategic partnership after closing $50m fund.