iPierian, a US-based biotechnology company which is developing antibody therapies for neurodegenerative diseases, has raised $30m, partly to provide series C financing to accelerate the clinical development of its IPN007 lead drug candidate, a monoclonal antibody targeting secreted Tau protein for the treatment of Alzheimer’s disease. The funds will also be used to provide series… Continue reading SR One backs iPierian split
Month: September 2013
Davidson calls time at Hasso Plattner Ventures
Eran Davidson, chief executive officer and managing partner of Germany-based Hasso Plattner Ventures, the IT and software-focused venture capital firm established by Hasso Plattner, co-founder of Germany-based software company SAP, has announced that “the time has come to move on.” Davidson, who joined Hasso Plattner Ventures in 2005, explains: “My own way is leading me… Continue reading Davidson calls time at Hasso Plattner Ventures
Brian Hubert crosses from Applied Ventures to MTPV
Dr. Brian Hubert has joined US-based clean energy semiconductor developer MTPV Power Corporation as its new executive vice president to lead the energy company’s product and business development as it prepares for commercialization of its heat-to-electric power solutions. Prior to joining MTPV Power Corporation, Hubert managed investments in advanced materials, semiconductors, power electronics and energy… Continue reading Brian Hubert crosses from Applied Ventures to MTPV
Cisco warmed by Loggly
Log management service Loggly raises $10.5m series B investment, including from new investor Cisco.
Vestiaire collects Condé Nast backing
Vestiaire Collective, a France-based online social marketplace for the curated reselling of luxury fashion items, has secured $20m series C financing led by magazine publisher Condé Nast International and including venture capital firms IDInvest Partners, Balderton Capital and Ventech. James Bilefield joins the board of Vestiaire on behalf of Condé Nast International. Previously, Vestiaire Collective… Continue reading Vestiaire collects Condé Nast backing
Siemens speeds on Electric Cloud
Siemens Venture Capital leads $8m series D financing for software delivery company.
Novo co-leads $23.5m financing for Acacia Pharma
Pharmaceutical company Acacia Pharma raises $23.5m series B financing led by Fidelity Biosciences and Novo A/S.
Russian banks support Moven’s banking revolution
East-West Digital News Life.SREDA, a Russia-based venture capital fund established by members of the Life Financial Group, comprising eight commercial banks, revealed in August a $2m investment in Moven, a three-year-old New York-based banking startup. Moven’s CEO and founder Brett King hopes that the deal, which took place in July, will help his company further… Continue reading Russian banks support Moven’s banking revolution
Eruditor connects up to Intel
Personal service aggregator Eruditor raises $12 million from Intel Capital, Frontier Ventures, and Runa Capital.
Samsung reported investing in Reactor
Reactor Inc, creator of personal newscaster app Winston, is reported have received a strategic investment from Samsung.
GuideSpark rolls with IDG funds
HR video communications provider GuideSpark raises $5m investment led by Storm Ventures and including IDG Ventures.
Microsoft and Amex in Foursquare dance
Microsoft Corp and American Express are reported to be competing against each other to invest in location-based app Foursquare Labs.
Swisscom and Debiopharm put juice into KeyLemon
Authentication technology developer raises series A funding led by Debiopharm Investment and Swisscom Ventures.
Merck Serono and Novo deliver ObsEva deal
Biopharmaceutical company ObsEva signs deal with Merck Serono to develop its compounds for treating preterm labour, funded by $34.4m series A financing from Sofinnova Partners, Sofinnova Ventures and Novo A/S.