Ipsen, GlaxoSmithKline and Johnson & Johnson join consortium for UK-based biotech company Syntaxin.
Month: November 2010
Novartis consults the stars for Aires option
Venture capital firm MPM Capital leads $20m series B round for Aires Pharmaceuticals as Novartis takes licensing option.
BP reacts to biofuels opportunity
BP has joined venture capital firms VantagePoint and Sustainable Technologies Fund in the extended $6m round of funding for REAC Fuel.
Global Brain finds its Retailigence
Global Brain joins venture capital firms Draper Fisher Jurvetson, Quest Venture Partners and ZIG Capital and angel investors in Retailigence seed round.
Intel backs Jajah peer Nymgo
Intel Capital becomes first institutional backer of online phone operator Nymgo less than a year after selling Jajah for $207m.
Services set for Open Innovation
Henry Chesbrough, executive director of the Center for Open Innovation at the Haas School of Business in the US, says rather than services being the last thing in a value chain the model needs to be updated to create a services value web.
Myntra raises $14m B round
News provider Pluggd.in reports IDG-backed India-based online consumer goods printing company Myntra has raised $14m.
Lot18 calls winning bid
Quigo, Time, AOL, Ziff Davis, Bankrate and Experian executives back wine club with $3m series A round.
Ambiq Micro links arms with investors
Ambiq Micro collects $2.4m in seed funding after winning Cisco and DFJ-run business competition.
Ikaria cuts listing size
Ikaria expected to sell eight rather than 10 million shares at its Nasdaq flotation.
Nirvanix reaches funding heaven and hires CEO
Nirvanix has raised $33m in total since launch in 2007 and hired Scott Genereux as its chief executive and president.
US corporate venturing reaches new highs
Mark Heesen, president of the NVCA, at the trade body’s conference for corporate venturing said corporate venturing in the US has continued to increase to its highest level since the dot.com bubble burst after the millennium.
Gree for Mig33’s series C round
Mig33 said it was modeled on social networking peers, such as Gree and China’s Tencent, but was targeting emerging markets in Indonesia, India and South Africa with $8.9m series C round.
23andMe adds $22m
Google-backed 23andMe gains Johnson & Johnson Development Corporation as a new investor.