AAA Quentin Carruthers – Page 46

Astellas enters third virtual venture

Tokyo-based pharmaceutical company Astellas Pharma has entered a partnership with New Jersey-headquartered Drais Pharmceuticals, its third such partnership to date. Under the terms of the deal, on May 7, 2013, Astellas’ corporate venture arm Astellas Venture Management is joining with venture capital firms InterWest Partners and Sutter Hill Ventures to invest $15m in Tacurion Pharma. … Continue reading Astellas enters third virtual venture

NovaQuest raises $80m fund

NovaQuest Capital Management, the corporate venturing unit which was spun off from US-based healthcare provider Quintiles Transnational in 2010, has raised $80 million for a new fund, NovaQuest Co- Investment Fund I, LP, according to a regulatory filing on 3 May. Novaquest’s existing fund, NovaQuest Pharma Opportunities Fund III, LP, launched in November 2010, had… Continue reading NovaQuest raises $80m fund

Maveron in Panna Cooking’s $1.35m funding pot

Maveron, the venture capital investor in consumer businesses, co-founded by Starbucks executive chairman Howard Schultz, has participated in the $1.35m Series A financing of Panna Cooking, a bi-monthly video cooking magazine for iphone and ipad.  The financing was led by venture capital investor Anthem Ventures. Other investors include Lerer Ventures (a seed-stage venture capital fund),… Continue reading Maveron in Panna Cooking’s $1.35m funding pot

BP turns to microbiology with Taxon

BP Ventures, the corporate venturing unit of oil and gas supermajor BP, has participated in a $4m Series A financing of California-based biotechnology company Taxon Biosciences. The financing, filed on 6 May 2013, was led by Solera Capital, the New York-based private equity investor founded by former JP Morgan banker Molly Ashby in 1999. Taxon Biosciences was… Continue reading BP turns to microbiology with Taxon