Euronext-listed biotech company TiGenix supports seed round of its spin-out, TR-therapeutics, after its merger with Therosteon to form Arcarios.
Category: Firms
KT becomes EnterpriseDB’s fifth strategic investor
KT, formerly called Korea Telecom, has become the fifth strategic backer of EnterpriseDB.
Autodesk successfully models Vela’s B round
Autodesk, a Nasdaq-listed 3D design software company that has previously backed OnLive, has invested in Vela Systems’ series B round.
Recurve fires its arrow for new chief executive
Andy Leventhal, previously co-founder and CEO of carbon information measurement company Planet Metrics replaces Pratap Mukherjee at Lowe’s-backed Recurve.
Investors seal TriCipher exit
After self-declared third round of funding TriCipher identifies VMware as exit option.
IDG and Steamboat consider Europe expansion
Steamboat Ventures and IDG Ventures consider expanding from US and Asia into Europe.
Media sector leads August deal activity
Media sector leads August deal activity, according to Global Corporate Venturing.
Reliance Capital aims for $500m fund
Indian industrial conglomerate Reliance Capital to start raising half its $500m fund from overseas investors, VCCircle reports.
Novo hears Otonomy’s call for B round
Novo Ventures and RiverVest Venture Partners co-lead US-based biotech company Otonomy’s second round of funding.
Naspers pays for free advertiser’s stake
Naspers acquired its stake in global online classified advertising company OLX from venture capital firms.
LVMH continues Asian shopping spree
LVMH Moet Hennessy Louis Vuitton’s $500m L Capital Asia fund launched last year has backed its second second Asian watch maker.
PurpleTalk sets up venture fund
PurpleTalk set up PollenEight venture to seed mobile device developers in India.
Bunge tucks into Solazyme D round
Renewable oil group Solazyme adds Bunge to strategic backers Chevron and San-Ei Gen.
Siemens sees way to join ViewRay
US-based medical device maker ViewRay closes $20m series C round with Siemens Venture Capital in consortium