The aldehyde disease specialist, in which Johnson & Johnson owns a 44.5% stake, could potentially raise up to $27.6m from the initial public offering.
Month: March 2014
Ataxion pulls in $17m in Biogen Idec-supported series A
Biogen Idec also has the option to acquire the Massachusetts-based startup, which is developing a treatment for neurologic diseases.
FunPlus reaches next level with $74m series B round
Steamboat Ventures has joined the backers of the China-based social game developer has now raised $87m in venture capital funding.
Agile Therapeutics limbers up for $69m IPO
Kaiser Permanente-backed Agile plans to use the proceeds from its initial public offering to support clinical trials of its lead product candidate, a weekly contraceptive patch.
Google floats into $160m Cloudera round, Intel to boost total to $200m
Google Ventures entered the round as a new investor, and sources have stated that Intel is set to extend the round toward the $200m mark.
Boxfish proves fast swimmer as T-Venture and Samsung fund $7m series B
Boxfish, a platform that analyses each word spoken on television in order to provide programming recommendations, intends to expand its offerings to corporate customers as Samsung joins its investors.
Toyota Tshuho unable to package a successful bid for majority stake in Kian Joo
Toyota Tshuho has bid $470m for a 51% stake in the Malaysia-based Kian Joo Can Factory, but looks set to be seen off by an existing bidder with links to the business.
Celladon raises $50.6m in IPO
US-based cardiovascular drug developer Celladon has raised $50.6m in their initial public offering selling 6.325 million shares at $8 each.
Trigence semiconductor sale sounds good
Japanese chip design company Trigence Semiconductor has agreed to sell a minority stake to the state-run Innovation Network Corporation of Japan (INCJ).
Apple acquires Burstly
Burstly, a smartphone app development company responsible for the beta-testing platform TestFlight, has been acquired by Apple.
Buzzmove packs seed funds
Removals comparison website Buzzmove secures $650,000 seed funding after graduating from Telefonica’s Wayra Academy.
Weibo posts plans for $500m IPO
Weibo has become the latest Chinese company to tap the US public markets, targeting $500 million from its initial public offering, and plans to leverage its partnership with minority shareholder Alibaba to maxmise advertising revenue.
Amex to promote financial inclusion
American Express (Amex), a US-based credit card company and multinational financial services corporation, has unveiled plans to promote greater financial inclusion in the US, including through closer collaboration with technology startups. Dan Schulman, American Express group president, Enterprise Growth, said, “Technology is rapidly changing the face of financial services, yet tens of millions of Americans… Continue reading Amex to promote financial inclusion
Total and BASF to exit NanoH20 in $200m acquisition
Chemical company LG Chem is set to buy the US-based desalination membrane producer in a $200m deal that will provide exits for BASF and Total.