The Glaxo and Techne-backed biopharmaceutical firm dropped its price to $10 and issued an extra 500,000 shares prior to its flotation yesterday.
Month: February 2012
Qualcomm in second Viddy take
After co-funding its seed round, Qualcomm Ventures is making a return investment in social media platform Viddy, which has now raised $8.2m.
Swisscom considers third party funds
The Switzerland-based phone operator’s corporate venturing unit is eyeing raising $200m across three funds.
Interxion screens for iStreamPlanet
The Intel-backed online video broadcasting company discloses its second corporate backer in under a week.
GottaGetaway meets advisors in arrivals
Singapore-based online travel site GottaGetaway has formed a Board of Advisors, it emerged on 31st January. The three members are William Bao Bean, managing director of telecom corporation SingTel’s corporate venturing fund, SingTel Innov8, Brett Henry, vice president of travel company Abacus International, and Asia-based travel industry consultant Scott Silverman. Ric Shreves, founder of GottaGetaway,… Continue reading GottaGetaway meets advisors in arrivals
Check-Cap swallows GE cash
Check-Cap, the Israel-based developer of the first non-invasive, prep-free imaging test for colon cancer, received an undisclosed sum from General Electric’s healthcare and venturing divisions, GE Healthcare and GE Capital, on 1st February. The investment was made through GE’s Healthymagination fund. The funding comes less than a year after Check-Cap pulled in NIS 35m ($9.8m)… Continue reading Check-Cap swallows GE cash
Brightcove hopes for shining outcome from IPO
The online video platform developer, backed by a host of corporate investors, will price its shares at between $10 and $12 when it floats.
Radius looks to square the IPO circle
Biopharmaceutical company Radius Health filed for an initial public offering on Tuesday that could raise up to $86.25m, less than two months after closing a $91m series D round. The major institutional shareholders in Radius are private equity firm MPM Capital (which holds 39.2% of Radius’ shares), medical foundation the Wellcome Trust (13.4%), venture capital… Continue reading Radius looks to square the IPO circle
Safeguard’s banner investment in Spongecell
The online banner advertising company backed by the Interpublic Group garners investment from life science and technology investment holding company Safeguard Scientifics.
Cisco eyes second India exit
The computer networking company is reported to be seeking an imminent exit from an undisclosed investments, just two weeks after it exited Netmagic
Tech sector shrugs off financing woes
The European technology community takes an unusually bullish view on the funding squeeze.
No time wasted as Enerkem files for IPO
The waste conversion company is preparing a $125m initial public offering, with backers including Waste Management of Canada seeking a return on their investment.
Extreme Startups open for business
Extreme Startups, a Canada-based startup accelerator helmed by Dan Debow, a co-founder of performance management software developer Rypple, and backed by a host of venture investors, was launched on 31st January. Chief among them is the Research in Motion-affiliated corporate venturing fund, Blackberry Partners Fund (BPF), also the last workplace of Extreme’s Chief Innovation Hunter,… Continue reading Extreme Startups open for business
EntreMed completes $9.3m round
The Celgene-backed cancer drug specialist adds the IDG-Accel China Growth Fund to its investors.