A series A round is expected by mid-2011, Novacem said, after UK-based construction company Laing O’Rourke joins a $3m seed round.
Category: Deals
Royal Society sanguine about OrganOx
The liver helps regulate one of medical sciences’ four humours in the blood and Royal Society Enterprise Fund has backed OrganOx.
HomeAway preps flotation
Newswire Bloomberg said HomeAway’s flotation would be for up to $300m and managed by investment banks Morgan Stanley, Deutsche Bank, JPMorgan Chase and Goldman Sachs.
Viamet finds its secret seven
Seven investors provide $25m for Viamet Pharmaceuticals.
Aucksun Metal sees the light
The factory will cost RMB1bn, according to news provider Shanghai Securities News, citing a company filing between Jiangsu Aucksun Metal has linked up its RMB30m ($5m) Dingshun Venture Capital subsidiary.
Intel finds its SecureKey Technologies
George Thangadurai, general manager of Intel’s PC Client Services Group, said: “SecureKey’s solutions can be delivered across platforms improving both the security and convenience of online transactions.”
Plattner takes on Personera
South Africa-based technology platform Personera has raised $1.4m in its series A round from quasi-corporate venturing unit Hasso Plattner Ventures Africa.
BrightSource Energy hits $90m
According to a regulatory filing, the $89.6m for BrightSource has so far come from 28 investors after advice from Advanced Equities.
Wonga welcomes $120m
Wonga previously raised about $28m since starting in mid-2008 but adds $120m from Wellcome Trust and venture capital firms.
IDG tips TuneUp for success
TuneUp raised $4.3m in September from IDG and venture capital firm KPG Ventures and has raised $8.5m in aggregate since 2007, including the latest $2m.
Safeguard makes ThingWorx
ThingWorx raises $5m from Safeguard Scientifics.
Comcast cables money to Vitrue
Comcast Interactive was joined by venture capital firms Scale Venture Partners, Advent Venture Partners, General Catalyst Partners and Dace Ventures in Vitrue’s $17m C round.
Versartis raises $21m
Alongside Amunix in Versartis’ B round are venture capital (VC) firms New Leaf Venture Partners Advent Venture Partners and Index Ventures.
Allen finds the joy of giving
CashStar launched with $4m in March 2009 after incubation by Coupons, a US-based provider of consumer-printed coupons, and has raised $5m for its series B round from venture capital firm Passport Capital and media-focused investment bank Allen.