Inotek Pharmaceuticals, a US-based pharmaceutical company which is developing products to treat glaucoma, has raised $21m financing. All of the company’s existing investors participated in the financing, including MedImmune Ventures, the biologics research and development arm of Anglo-Swedish pharmaceuticals company AstraZeneca, and venture capital funds Devon Park Bioventures, Rho Ventures, Care Capital and Pitango Venture… Continue reading Inotek Pharmaceuticals raises $21m
Month: September 2013
GlamBox attracts STC and MBC
Middle Eastern version of beauty product e-tailer GlamBox raises $1.36m funding from Saudi Telecommunications Company and Middle East Broadcasting Center.
Samsung powers Auckland by Proxi
Auckland spin-out PowerbyProxi attracts $4m from Samsung for wireless power system.
INCJ gives Zeptor $7.2m jolt
The Innovation Network Corporation of Japan, a public-private partnership aimed at promoting innovation and enhancing the value of businesses in Japan, has invested $7.2m in US-based Zeptor, a battery technology company. The 27 corporate investors that invested collectively YEN14bn in the YEN280bn ($26bn) investment vehicle include Asahi Kasei Corporation, Canon Inc., Osaka Gas Co. and Sharp Corporation.
3D Robotics goes crop mapping
3D Robotics, a US-based robotics company which makes unmanned aerial vehicles (UAVs), has raised a $30m series B financing round co-led by new investor, venture capital firm Foundry Group, along with existing investors, venture capital firm True Ventures, O’Reilly AlphaTech Ventures, publisher O’Reilly Media’s corporate venturing unit, and seed stage investment firm SK Ventures. Jason… Continue reading 3D Robotics goes crop mapping
Media show dances at internet speed
“Every decade the media business has changed faster,” so said Kay Koplovitz, founder of cable station USA Network and investment advisory firm Koplovitz & Co, last week in attendance at our private media round-table in New York, hosted in US law firm Baker Botts’ beautiful Rockefeller Center offices. The varied discussion shed light on the… Continue reading Media show dances at internet speed
Volvo commutes in with RidePal
Volvo and Claremont Creek Ventures lead $3.2m series A funding for RidePal, provider of commuter buses.
Intel shares Recon’s HUD vision
Recon Instruments, a Canada-based technology company which makes heads-up displays (HUDs) for sports, has received a “significant investment” from Intel Capital, the strategic investment arm of microprocessor maker Intel. The funding will support Recon’s product development, marketing and global sales expansion, while Recon Instruments will benefit from Intel Capital’s expertise in manufacturing, operations and technology.… Continue reading Intel shares Recon’s HUD vision
Bertelsmann puts app on track
Bertelsmann has come back to re-invest in a series B round of funding for China-based Dayima, a menstruation period tracking app. The financial details were not specified, but the latest round is worth tens of millions of dollars. Venture capital firm Sequoia Capital also participated.
The Future of Media
Special report on digital media
Gyft given $5m
Google-backed gift card platform raises $5m series A funding.
Cisco and KDDI mix with Moxtra
Cloud-based, mobile content collaboration service Moxtra raises $10m from investors including Cisco and KDDI.
T-Venture runs with Ranovus
Ranovus, a Canada-based technology company which makes optoelectronic interconnection products for data networks, has closed an $11m round of financing from firms including venture capital firm Azure Capital Partners, Deutsche Telekom’s venture capital unit T-Venture, venture capital investor BDC Venture Capital, OMERS Ventures, the venture capital investment arm of Canada-based pension fund OMERS, and Ontario-focused… Continue reading T-Venture runs with Ranovus
Advance Publications points funds at Urban Compass
NYC apartment rental search site raises $20m series A funding from investors including Advance Publications.