Luminus Devices Nabs $19M, Aveo Sets IPO Range, Thermo Fisher Scientific Reportedly Makes $6 B Move on Millipore, & More Boston-Area Deals News

It was a good week for venture dealmaking among New England’s tech and life sciences firms.

—Needham, MA-based Stata Venture Partners led a $7 million Series B financing round for NABsys, a Providence, RI-based firm developing a DNA sequencing technology that employs silicon chips for rapid electronic detection of DNA sequences.

—Boston-based Battery Ventures sold Woburn, MA-based analytic instrument maker Nova Analytics, which it helped buy out in 2003, for an undisclosed sum to White Plains, NY-based ITT.

—EveryScape, a Waltham, MA-based operator of a website providing navigable, 360-degree views of metropolitan, suburban, and rural areas, raised $6 million in a Series C funding round led by SK Telecom Americas, and joined by Draper Fisher Jurvetson and Dace Ventures.

—North End Technologies, a robotics and communications company in Waltham, raised $2.5 million from Castile Ventures, company executives, and angel investors, and converted $1.8 million in preexisting debt to equity, according to CEO Brad Kayton.

—Boston-based Fluent Mobile, maker of the iPhone news-aggregating app Fluent News Reader, raised $1.25 million in equity funding, according to a regulatory filing.

—Milwaukee, WI-based Merge Healthcare (NASDAQ: [[ticker:MERG]]) made a $6.05 per share buyout offer for Boston-based radiology information management company Amicas (NASDAQ: [[ticker:AMCS]]). Amicas’ board of directors deemed the offer risky, though, and urged

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.