Gedeon Richter will pay up to SFr445m ($462.8m) for PregLem, a biopharmaceutical company focused on the treatment of gynaecological conditions and infertility.
Month: October 2010
Barclays reinvests in Intelenet
UK bank takes 12.75% stake in Indian outsourcer having originally sold out in 2007.
Jaguar bites into Sun Cataltix
Tata’s Jaguar Land Rover joins B round for Sun Catalytix.
AOL and O’Reilly back Bit.ly
AOL Ventures participated as a new investor alongside corporate venturing peer O’Reilly AlphaTech Ventures in the B round of Bit.ly.
British Gas lights up AlertMe deal
AlertMe, a UK-based home energy conservation company, has raised £15m ($23.9m) in its third investment round which included a strategic investor and local utility British Gas. British Gas invested £5.7m in cash for its 15.96% stake and will take a seat on AlertMe’s board, it said. Alongside its equity investment, British Gas has agreed to… Continue reading British Gas lights up AlertMe deal
Tax less important in venture investing
European Investment Fund (EIF) finds venture capital driven less by tax than by innovation rate.
Rusnano continues with Plastic Logic
St Petersburg or Moscow likely venues if Rusnano’s planned investment in Plastic Logic pay off.
Altaris sells down Creganna-Tactx Medical
A year after AIG sells venture capital operation Altaris the firm realises part of its Creganna-Tactx Medical stake.
O’Reilly AlphaTech Ventures raises second fund
O’Reilly Media’s corporate venturing unit reportedly raises $60m in its second fund, according to news provider Fortune.
Symetis sniffs up venture round
Novartis and Truffle Capital part of consortium in $25.8m C round for Switzerland’s Symetis.
IDev opens $46m cash artery
Undisclosed healthcare company joins venture consortium investing $46m in IDev Technologies.
Minnesota aims for diabetes fund
Mayo Clinic and the University of Minnesota will try and raise at least $250m to research diabetes and offer corporate venturing opportunities to local companies.
Mast Kalandar tucks into latest round
Vegetarian fast food chain Mast Kalandar continues adding restaurants with latest round.
BASF warms up with Aspen Aerogels deal
Aspen Aerogels raises more than $110m in aggregate with latest series B round of funding led by Germany-based chemical conglomerate BASF.