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Dana Farber Gets $33M from Sanofi, Astellas Backs DecImmune, Ironwood Sells Microbia, & More Boston-Area Deals News

to $17 million.

—Harvest Automation, a Billerica, MA-based robotics company working on automating the harvesting of commercial plants, topped off its Series A round at $5.3 million, with a $1.3 million investment from Cambridge- and New York City-based Founder Collective. The startup brought in the first $4 million of the funding round in January of this year.

—Cambridge-based DecImmune Therapeutics, a developer of drugs for treating tissue damage, said it had raised $1 million in equity-based funding from Astellas Venture Management, the venture capital arm of Japanese drugmaker Astellas Pharma. The startup, formerly known as Natural Antibodies, also said it received $2.2 million in research grant money from the National Institutes of Health.

—OnePIN, a Westborough, MA-based maker of mobile phone software for managing social contacts, raised $1.9 million of a potential $3.1 million equity-based funding round, an SEC filing showed. The company has previously received funding from FA Technology Ventures, Greycroft Partners, Egan-Managed Capital, and Stage 1 Technology Ventures.

—Marlborough, MA-based diagnostics company PointCare Technologies pulled in $1.8 million of an equity offering that could total $3.5 million, according to an SEC filing. The startup produces lower-cost, multi-purpose devices for targeting HIV/AIDS in developing countries.

—Andera, a Providence, RI-based maker of Web-based software for banks and other institutions offering online account opening and funding to consumers, said it had wrapped up a $9 million financing, led by Edison Venture Fund. The money will go to expanding Andera’s sales, marketing, and product development efforts.

—An SEC filing showed that Mechanology, an Attleboro, MA-based developer of compressor technology, raised $5.8 million in an equity round that could total $6.5 million.

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Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section. View all posts by Erin Kutz

Author Erin KutzPosted on September 29, 2010September 28, 2010

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