US-based VeraLight, backed by US-based industrial group Dow Chemical and US-based life science instruments business InLight Solutions, has raised $200k in debt, rights and securities.
Month: December 2012
Catalyst Biosciences raises $13.4m
Drug company Catalyst Biosciences, backed by Johnson & Johnson Development Corporation, raises $13.4m in its latest round. The company is developing proteases for the treatment of a broad range of diseases with a strong focus on hemostasis and inflammation.
BBH talks to Squawka
UK-based web app Squawka has secured marketing strategy and services from ad agency Bartle Bogle Hegarty in return for a share of the business.
Maker gets a second viewing with Time Warner
New backers emerge in the $36m Series C round into digital media company Maker Studios, led by Time Warner, which receives a portion of the revenues derived from a network of amateur videos.
Sprint buys 100% of Clearwire
Wireless broadband company Clearwire was corporate venturing-backed by companies including Intel Capital. Shareholders will receive $2.2bn upon sale of the company.
Foxconn takes $200m stake in GoPro
Big capital raising at $2.25bn valuation, comes as the US-based camera company-backed by Steamboat Ventures, the corporate venturing unit of US-based media company Disney, had been touted for an initial public offering this year.
Sanofi-Genzyme, Shire back Ultragenyx’s $75m round
Sanofi-Genzyme BioVentures1, a corporate venturing unit of France-based healthcare company Sanofi Aventis, and Ireland-based pharmaceutical company Shire are joined by a large crowd of investors in the series B for the rare genetic disorder treatment company.
Noom lifts up $2.6m
Qualcomm Ventures is joined in the series A backing the New York based weight loss company, by venture firms m8 Capital, Harbor Pacific Capital, and former executives of online gaming company Nexon.
Northgate helps TubeMogul stream $20m
Northgate Capital, which is majority owned by India-based financial services group Religare Enterprises, backs video marketing company TubeMogul, after deals backing US-based social data company DataSift in November and US-based IT infrastructure company Scale Computing in October.
Applied Ventures backs Aventa
Christopher Moran, general manager of Applied Ventures, says: “We are excited about Aventa’s progress in developing critical manufacturing technology for this emerging alternative energy sector. HTS technology has tremendous potential, and we are pleased that this investment will be used to make advanced grid solutions more affordable.”
Sightly catches Bright’s eye
Bright Capital Digital, which is part of Bright Capital, the corporate venturing unit of Russia-based conglomerate Ru-Com, has led a $5.6m round raised by Sightly, a US-based video platform. Bright Capital Digital was joined backing Temecula, California-based Sightly, which helps businesses market with videos, by venture firms Foresight Ventures, Floodgate, Tomorrow Ventures, Bullpen Capital, Mack… Continue reading Sightly catches Bright’s eye
Steamboat raises $85m
Steamboat Ventures raises the fund after seeking third party money for the first time, and it is understood it won backing from a combination of strategic and institutional investors.
Google launches Tel Aviv incubator
Google launches Campus Tel-Aviv, a start-up incubator for pre-seed stage computing startups in Israel.
Wanxiang recharges A123
Chinese-owned auto-parts manufacturer Wanxiang America Corp has won a bid for government-backed A123 Systems, a corporate venturing-backed and Nasdaq-listed lithium-ion battery maker in an auction after the company filed for bankruptcy in October.