The US-based oxygen therapy equipment and services raises the funds in a Novo-led round taking it to about $90m raised, based on Global Corporate Venturing analysis.
Month: April 2012
Fujikura snaps up Nistica
The Japan-based manufacturing company buys US-based optical networking company Nistica.
Google flies to Wingu
Google Ventures’ Krishna Yeshwant said the investment in the pharmaceutical research and discovery software company comes at a time the pharmaceutical industry “is going through one of the most dramatic transformations in its history”.
Shire secures first IPO
DBV Technologies, a France-based allergy treatment company, which was the first deal done by Shire Therapeutics’ corporate venturing unit, also secures its first portfolio company flotation in Paris.
OneRoof shines for $3m
The residential solar leasing company backed by Hanwha International raises the funds after a $50m round in September last year.
CID teams with Taiwan corporates
The China-based private equity firm will reportedly work with the three corporates, including Cathay Financial Group, to invest in app design companies.
Xfire hires CEO
Intel Capital-backed gaming communications company Xfire hires Malcolm Casselle, formerly key executive for Groupon’s joint venture in China with Tencent,
Kantar buys GME.FZ stake
The WPP-owned consultancy business snaps up a stake in GME.FZ, a Dubai-based consultancy company it has worked with as a franchise partner since 2007.
Infuse Capital eyes $25m
The India-based clean tech fund has already raised $9m with backing from BP Ventures and the Indian government.
Merck Serono opens Israel incubator
Merck Serono, part of Germany-based pharmaceutical company Merck, has opened a technology incubator in Israel. Merck Serono has committed to investing at least €10m ($13m) by 2018, according to Merck Serono’s website. Merck Serono added: "The bioincubator offers both seed financing and access to dedicated, state-of-the-art laboratory facilities within Inter-Lab, Merck Serono’s Israel-based research and… Continue reading Merck Serono opens Israel incubator
Hyperion eyes $57.5m IPO
The drug development company backed by Ucyclyd, part of Medicis Pharmaceutical Corporation, is looking to raise the funds as it seeks Food and Drug Administration approval for its main product.
Alex Taub joins Dwolla
Alexander Taub joins the US-based mobile payments business backed by employee recognition and rewards platform BetterWorks.
CardioInsight appoints Jim Bullock chairman
The maker of electrocardiographic mapping technology, backed by Japan-based distributor of cardiovascular devices DVX, appoints Bullock to role a month after a $7.5m funding round, as executive chairman Steve Arless leaves.
Path paved with $30m
Path wins backing from Allen & Co, Richard Branson and Yuri Milner, taking it to more than $30m raised.