New England Venture Activity Rebounds Slightly in Q2—Region’s Top 10 Deals List

New England’s Top 10 Venture Deals—Q2 2009*

Powerspan (Portsmouth, NH) — $54 million
(Investors: AllianceBernstein, Angeleno Group, Beacon Group, Calvert Social Venture Partners, FirstEnergy Corporation, NGEN Partners, and RockPort Capital Partners)

ConforMIS (Burlington, MA) — $50 million
(Investors: Aeris Capital, SBG Sachsen-Anhalt, and Thorner Ventures)

Aileron Therapeutics (Cambridge, MA) — $40.15 million
(Investors: Apple Tree Partners, Excel Venture Management, Lilly Ventures, Novartis Venture Fund, Roche Venture Fund, and SR One)

Synageva BioPharma (Waltham, MA) — $33 million
(Investors: Baker Brothers Investments, Hunt BioVentures, Tullis Health Investors, and Yasuda Enterprise Development)

Tokai Pharmaceuticals (Cambridge) — $22 million
(Investors: Apple Tree Partners and Novartis Venture Fund)

Interlace Medical (Framingham, MA) — $20.5 million
(Investors: Aperture Venture Partners, Baird Venture Partners, Hambrecht & Quist Capital Management, HLM Venture Partners, New Leaf Venture Partners, and Spray Venture Partners)

Concert Pharmaceuticals (Lexington, MA) — $16.3 million
(Investor: GlaxoSmithKline)

I-Therapeutix (Waltham) — $15 million
(Investors: Polaris Venture Partners, SV Life Sciences, and Versant Ventures)

Demandware (Woburn, MA) — $15 million
(Investors: General Catalyst Partners and North Bridge Venture Partners)

Elixir Pharmaceuticals (Cambridge) — $12 million
(Investors: ARCH Venture Partners, MPM Capital, Omega Fund, Oxford Bioscience Partners, and Physic Ventures)

* source: Dow Jones VentureSource

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Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.