Roche, through its Genentech subsidiary, is investing $95m in SR One-backed Constellation Pharmaceuticals as part of a partnership to develop a new breed of gene-based drugs.
Month: January 2012
Susquehanna invests in iCIMS talent
The private equity division branch of financial group Susquehanna has invested $35m in iCIMS, the already profitable developer of a software platform for recruitment.
Google helps Bionic Panda climb higher
Mobile games company Bionic Panda secured an undisclosed amount of seed funding on Tuesday from investors including Google Ventures, the corporate venturing unit belonging to internet company Google. Google was joined in the round by investment firm Norwest Venture Partners, early stage venture capital firm SoftTech VC, startup accelerator 500 Startups and additional angel investors.… Continue reading Google helps Bionic Panda climb higher
Facebook IPO could be set for May
Social networking company Facebook has set aside the third week of May for its initial public offering (IPO), according to news provider All Things Digital. The expectation would therefore be for Facebook to file with the Securities & Exchanges Commission within the next month, given the usual time period given over for IPO reviews by… Continue reading Facebook IPO could be set for May
Blackstone switches on PQ Energy
In addition to receiving funding from Blackstone, PQ is seeking further partnerships with power generation companies as it looks to develop a power generation business that stretches through Europe.
Farfetch the fashionable choice for investors
Online fashion retailer Farfetch.com brings its total funding to $24m after a round supported by investors including the Otto Group-backed eVenture.
GeNO breathes in Medicines Company cash
The Medicines Company invests $8m in GeNO, which is researching nitric oxide treatments.
Steamboat refocuses on China; Beldy, Laskey leave
Two senior executives in the firm’s US office have left as the corporate venturing unit of Disney is refocusing towards China and eyeing a $200m to $250m fund with third party money for the first time.
News Corp buys into Moby
Media conglomerate News Corporation acquired a minority stake in the Moby Group, an Afghanistan-based media company founded by four members of the Mohseni family in 2002, on Monday, investing an undisclosed amount. Additionally, News Corporation is transferring its 50% stake in Broadcast Middle East (BME), a Farsi-language television company launched as a joint venture for… Continue reading News Corp buys into Moby
Correlation analyses a $165m close
The venture capital firm, which uses detailed analytics combined with a co-investment model, has closed its inaugural fund, which was oversubscribed from its $150m target.
Verastem sowing seeds of $46m IPO
The biotechnology researcher, backed by a GlaxoSmithKline-linked venture capital firm, has set the range for its shares for its initial public offering at between $9 and $11.
Change:Healthcare shows transparent promise
Mitsui and healthcare association BlueCross BlueShield have provided funding for Change:Healthcare, a health insurance cost analysis platform.
Intel Capital goes for double take in China
Intel Capital, the corporate venturing unit operated by semiconductor manufacturer Intel, has made investments in two China-based companies, Cloud Union and Fashion Republic, according to information released by Intel on Thursday. The amount invested by Intel in each company has not been disclosed but the funding came from the Intel Capital China Technology Fund II,… Continue reading Intel Capital goes for double take in China
CrystalGenomics clear about KSLSF
The Korea Seoul Life Science Fund, which numbers conglomerate Hanwha among its backers, has invested $2.6m in biopharma company CrystalGenomics.