CoolChip, Copiun, Wingu Among the Slew of Boston Deals This Week

MIT Clean Energy Prize, develops technology for cooling electronics in data centers.

—Newton, MA-based Alcresta, which is out to convert novel enzymes into nutritional supplements, pinned down $10 million from Third Rock Ventures, Bessemer Venture Partners, and Frazier Healthcare Ventures. That same group of investors also funded enzyme drug maker Allena Pharmaceuticals, which will now share its office and management team with Alcresta.

—Marlborough, MA-based Copiun raised $5 million in a Series A financing led by Novak Biddle Venture Partners, with participation from RRE Ventures and local angel investors. The startup said it will put the money towards sales and marketing efforts for its software for securing mobile device collaboration.

—Google Ventures led a Series A funding round for Wingu, a Cambridge-based maker of software enabling pharmaceutical companies to manage R&D projects. Borealis Ventures also joined the deal, whose dollar value was not disclosed.

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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.