The Russian government, through its Skolkovo initiative, has given $5m in grant money to the firm to carry on its oncological research.
Author: Robert Lavine
Google finds its DailyDeal
DailyDeal has become the second deal-a-day site acquired by Google in as many months, as it seeks to expand its own service.
CrowdTwist turns to corporates for funding
The loyalty and rewards network has raised capital from Bertelsmann and kbs + p as well as VC firms, in its latest round.
Apprupt applies itself to new round of capital
The advertising performance network for online apps has raised funding from existing investors including corporate venturing unit T-Venture.
Kythera raises more than just cosmetic funding
The Bayer-partnered biopharmaceutical company has closed a further round of funding, taking its overall equity to almost $100m.
The BGF hires two more directors
Andy Gregory and Marion Bernard have joined the fund as regional directors.
Skorpios gets its pincers into further capital
US-based optical communications company Skorpios Technologies closed a $19m round of series B funding on Thursday with investment from Germany-based telecommunications firm Nokia Siemens Network and Sweden-based telecommunications company Ericsson. Skorpios first formed a partnership with Nokia Siemens Networks in March to create more advanced optical networking solutions. Other investors included venture capital firms Sun… Continue reading Skorpios gets its pincers into further capital
DSM sells a slice of itself to Viocare
Netherlands-based industrials firm DSM sold its DSM Personalized Nutrition division to US-based healthcare technology company Viocare on Tuesday for an undisclosed amount. DSM was already an investor in Viocare through its corporate venturing unit, DSM Venturing, from February 2009, and will continue its involvement as a minority shareholder. The move follows DSM’s announcement in September… Continue reading DSM sells a slice of itself to Viocare
Horizon reaches for the sky
The biopharmaceutical company has extended its series C round with funds from investors including Roche.
SchemaLogic makes the SmartLogic choice
UK-based information retrieval software company SmartLogic acquired US-based data sharing software developer SchemaLogic on Thursday for an undisclosed amount. Chevron Technology Ventures, the corporate venturing unit belonging to oil major Chevron, invested an undisclosed amount as part of an agreement for Chevron to use SchemaLogic’s technology in its Global Information Link initiative, in October 2007.… Continue reading SchemaLogic makes the SmartLogic choice
Chegg makes textbook move for Zinch
Textbook rental company Chegg will acquire Zinch, with a view to creating a fuller and more wide ranging service.
GSK and McLaren join forces
UK-based pharmaceutical conglomerate GlaxoSmithKline (GSK) and UK-based automotive company the McLaren Group signed a strategic agreement yesterday, set to run initially until 2016. GSK is looking to harness McLaren’s expertise in analytics and data modelling, which it will chiefly use in its nutritionals unit, as well as in manufacturing, consumer healthcare and research & development.… Continue reading GSK and McLaren join forces
SaveUp reaps the rewards of careful planning
The start-up, which seeks to reward customers who save their money, has secured seed funding.
Tail-f heads for further SEB investment
Sweden-based management software company Tail-f Systems raised $4m in series B financing on Tuesday in a round led by SEB Ventures, the corporate venturing division of Sweden-based banking group SEB Group. SEB previously funded Tail-f’s series A round, contributing €2m ($2.3m) in 2005. Tail-f produces software that helps the developers of network management systems build… Continue reading Tail-f heads for further SEB investment