AAA July 2013 – Page 8

Autifony collaborates on schizophrenia

London-based biotech Autifony has signed a £2.75m ($4.25m) collaboration deal with the universities of Newcastle and Manchester to develop treatments for schizophrenia. The bulk of the funding comes from a £1.9m award made to Autifony and the universities by UK innovation agency the Technology Strategy Board. As part of the collaboration, Autifony will provide its… Continue reading Autifony collaborates on schizophrenia

Robert Bosch backs Movidius’ computer vision

Movidius, a US-based  computational image-processor chip and software company, has raised $16 m series D funding led jointly by Robert Bosch Venture Capital, the corporate venturing unit of Germany-based industrial group Robert Bosch, growth equity fund Atlantic Bridge and venture capital firm DFJ Esprit, with participation from existing investors, venture capital fund Capital E, AIB… Continue reading Robert Bosch backs Movidius’ computer vision

Yottaa’s got $16m from Intel

Yotta, a US-based mobile and web performance platform, has closed a $16m financing round led by new investor Intel Capital, the corporate investment arm of microprocessor maker Intel . The financing will be used to fuel momentum for Yotta’s mobile performance platform. Together with investments made by the existing investors, venture capital firms General Catalyst… Continue reading Yottaa’s got $16m from Intel

Sberbank trusts in Sequent

Sequent, a US-based provider of trusted service manager (TSM) software, has closed $12m in series B funding led by SBT Venture Capital , the early stage strategic venture capital fund whose principal investor is Russia-based bank Sberbank.  Existing, financial investors Opus Capital and Jado Investments also participated. The funding will be used to scale up… Continue reading Sberbank trusts in Sequent

Deutsche Börse exchanging clouds with Zimory

Zimory, a Germany-based provider of cloud management software, has raised $20m in funding led by new investor, Germany-based stock exchange Deutsche Börse, with participation from return backers T-Venture, the venture capital company of Deutsche Telekom, and financial investors High-Tech Gruenderfonds, IBB Beteiligungsgesellschaft and KFW. In addition to  Deutsche Börse’s investment, Zimory has been chosen as… Continue reading Deutsche Börse exchanging clouds with Zimory