Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5653d33c-f619-4f10-a0dc-8d0d7b53b591 Date 7/14/2015 Company Name Pager Mailing Address 55 Fifth Avenue 18th Floor New York, NY 10003 USA Company Description Pager was started in 2013 in New York City by seasoned entrepreneurs Philip Eytan, Gaspard de Dreuzy and Oscar Salazar. Prior to Pager, Gaspard started several gaming companies, and the online broker … Continue reading “Pager Lands $14,000,000 Series A Round”
SocialFlow Secures $5,049,999 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dbb478d4-f483-4553-a3e8-a3f9f66c7950 Date 7/14/2015 Company Name SocialFlow Mailing Address 52 Vanderbilt Avenue 12th Floor New York, NY 10017 USA Company Description SocialFlow is a social media optimization platform that is used by media companies, retailers and brands to earn greater engagement, clicks, re-tweets, mentions and followers on Twitter. SocialFlow’s software ensures that you … Continue reading “SocialFlow Secures $5,049,999 New Funding”
Zeel Networks Secures $1,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=afb1383d-d675-4fd0-88eb-d1b7b6924f20 Date 7/14/2015 Company Name Zeel Networks Mailing Address 33 West 17th Street 2nd Floor New York, NY 10011 USA Company Description We created this site for health-conscious individuals looking for trusted information on health, wellness and beauty and an easy way to find and book the best practitioners in the business. … Continue reading “Zeel Networks Secures $1,000,000 New Financing Round”
FanDuel Secures $275,000,000 Series E Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dd13f155-87f4-4bf1-8b13-d7c3c54b887d Date 7/14/2015 Company Name FanDuel Mailing Address 19 Union Square West 9th Floor New York, NY 10003 USA Company Description FanDuel.com lets you play and win at fantasy sports in a day instead of waiting the whole season. Players can draft a new team at any time, and pitch it head-to-head … Continue reading “FanDuel Secures $275,000,000 Series E Funding”
P97 Networks Garners $1,054,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=40ec6bd7-caee-4feb-b11e-1d05543ae6a7 Date 7/14/2015 Company Name P97 Networks Mailing Address 10333 Richmond Ave. Houston, TX 77042 USA Company Description At P97 Networks we understand the power of mobile applications and the endless possibilities they offer. We look at mobile payment solutions as a way to create a meaningful relationship between company and consumer, … Continue reading “P97 Networks Garners $1,054,000 Series A Financing”
Medtronic Acquires RF Surgical Systems for $235,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7eff034c-b3f8-40e3-8c26-58a2080e3687 Date 7/14/2015 Company Name RF Surgical Systems Mailing Address 3326 160th Avenue SE Bellevue, WA 98008 USA Company Description RF Surgical Systems, Inc. is a medical device company with headquarters in Bellevue, Washington and engineering R & D facilities in San Diego, California. The privately held company was founded by Chairman … Continue reading “Medtronic Acquires RF Surgical Systems for $235,000,000”
Seattle Roundup: Auto IT, Real Estate, Space, Smart Grids, & More
Catching up on a few items from last week, we’re following a major investment for truck-tracking technology maker Zonar Systems, local VC fundraising, a big real estate deal for Tableau Software, and an innovative new skyscraper proposed downtown. Also, partnerships for Spaceflight Networks; Pacific Northwest Smart Grid Demonstration project results; a new way for small … Continue reading “Seattle Roundup: Auto IT, Real Estate, Space, Smart Grids, & More”
Tola Ventures Raising $225M Fund for Enterprise Tech Investments
Investors in Seattle and beyond continue to be bullish on a renaissance in business computing, raising funds to back enterprise software companies, as national fundraising for venture firms hits pre-recession levels. Late last week, we reported on Ignition Venture Partners’ new “annex” fund, which could top out at $60 million (only $16.8 million raised so … Continue reading “Tola Ventures Raising $225M Fund for Enterprise Tech Investments”
U-M’s Zell Lurie Fund Invests in Reveal Design Automation
The University of Michigan’s Zell Lurie Commercialization Fund announced Friday that it has invested $50,000 in Ann Arbor, MI’s Reveal Design Automation, a university spin-out working in the area of semiconductor chip verification. Zaher Andraus, Reveal Design Automation’s CEO, said the company plans to use the money to hire more employees and pursue its first … Continue reading “U-M’s Zell Lurie Fund Invests in Reveal Design Automation”
Neos Therapeutics, Maker of ADHD Drug Delivery System, Files IPO
Neos Therapeutics, a Dallas-area biotech company, has filed to go public. The company plans to raise about $60 million by offering four million shares at a price range of $14 to $16 in an initial public offering. At the midpoint of the range, it would command a fully diluted market value of $220 million, according … Continue reading “Neos Therapeutics, Maker of ADHD Drug Delivery System, Files IPO”
Raleigh-Durham Roundup: Iberdrola, TransEnterix, Inmar, & More
Here are the latest headlines in North Carolina cleantech, biotech, and tech news: —The first commercial-scale wind farm in the South is now slated for the North Carolina coast. Spanish company Iberdrola Renewables plans to spend $600 million to erect 102 wind turbines on 22,000 acres near Elizabeth City, and could add up to 50 … Continue reading “Raleigh-Durham Roundup: Iberdrola, TransEnterix, Inmar, & More”
Analysis: NIH Guidelines Appear to Support UCSD in Alzheimer’s Study
[Updated 7/13/15 5:15 pm. See below.] It’s a little hard to score the fight after the first court hearing adjourned last week in a lawsuit between UC San Diego and the University of Southern California over a nationwide study of Alzheimer’s disease. The UC Regents filed the civil lawsuit against USC and former UCSD scientist … Continue reading “Analysis: NIH Guidelines Appear to Support UCSD in Alzheimer’s Study”
FDA Grants Blueprint Go-Ahead for Kinase Inhibitor Trials
Blueprint Medicines got the green light from the Food and Drug Administration to begin clinical trials on its two lead drug candidates for cancer, about two months after its initial public offering. The Cambridge, MA-based maker of a type of cancer drug called kinase inhibitors is using high-speed DNA sequencing instruments to test a homemade … Continue reading “FDA Grants Blueprint Go-Ahead for Kinase Inhibitor Trials”
East Coast Biotech Roundup: Biogen, Epizyme, Armored CARS, & More
Biotech continued its active summer on the east coast this week, with everything from licensing deals to acquisitions to IPOs. Here are the highlights, in case you missed them. —After four years of revamping and rebuilding Biogen’s development pipeline, R&D chief Douglas Williams announced he is leaving the company to take the helm at a … Continue reading “East Coast Biotech Roundup: Biogen, Epizyme, Armored CARS, & More”
Five Lessons Every App Startup Should Learn
Mobile devices create plenty of pitfalls for entrepreneurs. The nuances of nailing not only the on-screen user experience, but the broader experience of integrating a piece of software into one’s everyday life dramatically increases the risk of failure. As a mobile entrepreneur, you have more variables that you need to test and control in your … Continue reading “Five Lessons Every App Startup Should Learn”
The Near Death, and Second Life, of Cerulean Pharma
It’s not often that a biotech with a single drug in clinical testing can bounce back from a trial that not only fails, but bombs spectacularly. But by the skin of its teeth, Cerulean Pharma has gotten that chance. Over the next year, Cerulean (NASDAQ: [[ticker:CERU]]) will produce data from four early and mid-stage clinical … Continue reading “The Near Death, and Second Life, of Cerulean Pharma”
Adored Lands $2,300,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9a4d1c6e-5990-4608-ab0e-6067045e133b Date 7/13/2015 Company Name Adored Mailing Address 848 Elm St. Manchester, NH 03101 USA Company Description Adored creates lifetime value and levels of customer satisfaction that will disrupt how savvy marketers think of loyalty. We take a unique ecosystem approach to connect consumers and their favorite cafés, restaurants, attractions and brands. … Continue reading “Adored Lands $2,300,000 New Financing”
Forks Garners New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=01654034-5354-4d1b-a3c6-b96defca585b Date 7/13/2015 Company Name Forks Mailing Address Undisclosed Seattle, WA 98331 USA Company Description With FORKS each redeemed offer is valid for 60-minutes. FORKS Coupon Controls limit how often each offer can be used so you never get burned. Website http://www.getforks.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed … Continue reading “Forks Garners New Financing Round”
Jukin Media Obtains $2,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b62e4869-a5af-4ad0-b3a4-0805448626af Date 7/13/2015 Company Name Jukin Media Mailing Address 5764 W. Jefferson Blvd. Los Angeles, CA 90016 USA Company Description FailArmy is owned and operated by Jukin Media Inc. All video content is protected under copyright and published with permission by the original content creator. Website http://www.failarmy.com Transaction Type Debt Transaction Amount … Continue reading “Jukin Media Obtains $2,000,000 New Round”
CrowdStrike Secures $100,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ab8100f-c36a-484f-9fe9-43d493cb3367 Date 7/13/2015 Company Name CrowdStrike Mailing Address 15440 Laguna Canyon Road Irvine, CA 92618 USA Company Description CrowdStrike is a global provider of security technology and services focused on identifying advanced threats and targeted attacks. Website http://www.crowdstrike.com Transaction Type Venture Equity Transaction Amount $100,000,000 Transaction Round Series C Proceeds Purposes CrowdStrike … Continue reading “CrowdStrike Secures $100,000,000 Series C Round”
Globevestor Lands $323,879 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cf1f28a-f37e-4ab3-aa4f-3a9175b68d01 Date 7/13/2015 Company Name Globevestor Mailing Address 55 E 3rd Avenue San Mateo, CA 94401 USA Company Description Our mission is to enable effective cross-border movement of startup capital and know-how helping entrepreneurs and investors reach their goals. Website http://www.globevestor.com Transaction Type Debt Transaction Amount $323,879 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Globevestor Lands $323,879 New Financing Round”
TrapX Security Receives $9,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4076ca3c-53a7-47c1-becd-446458e953a5 Date 7/13/2015 Company Name TrapX Security Mailing Address 1875 S. Grant St. San Mateo, CA 94402 USA Company Description TrapX Security is a leader in the delivery of deception based cyber security defense. Our solutions rapidly detect, analyze and defend against new zero day and APT attacks in real-time. DeceptionGrid™ provides … Continue reading “TrapX Security Receives $9,000,000 Series B Funding”
Delphix Secures $75,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12c76a3b-634b-4bab-9069-9d4fbff2557a Date 7/13/2015 Company Name Delphix Mailing Address 275 Middlefield Rd. Menlo Park, CA 94025 USA Company Description Delphix Corp. is a software company funded by Greylock and Lightspeed, developing an innovative database management application. Our software reduces load on production databases and enhances DBA productivity. Website http://www.delphix.com Transaction Type Venture Equity … Continue reading “Delphix Secures $75,000,000 New Round”
Zesty Obtains $19,564,207 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=455682d7-b0ad-466b-bac6-e148fcc76b38 Date 7/13/2015 Company Name Zesty Mailing Address 2140 Taylor Street San Francisco, CA 94133 USA Company Description Zesty makes it easy for you and your company to eat healthy, delicious food. Curated by in-house dietitians, Zesty delivers fresh dishes from your favorite local restaurants. Nutrition facts are provided for every dish … Continue reading “Zesty Obtains $19,564,207 New Funding Round”
StyleSeat Lands $25,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=abd4543d-a5cd-4c14-b92e-e896684e855b Date 7/13/2015 Company Name StyleSeat Mailing Address 660 4th Street San Francisco, CA 94107 USA Company Description StyleSeat is the online destination for beauty & wellness professionals and clients. Professionals can showcase their work, connect with new and existing clients, and build their business. Clients can discover new services and providers, … Continue reading “StyleSeat Lands $25,000,000 Series B Funding”
Checkster Garners Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a0c1a39f-9a4f-4669-8afd-f8c1dc9509f2 Date 7/13/2015 Company Name Checkster Mailing Address 35 Miller Ave. Mill Valley, CA 94941 USA Company Description As the leader in web-based talent decision tools, Checkster enables organizations to make better talent decisions. Using the new science of collective intelligence and ubiquity of social networks to deliver fast, accurate social ratings, … Continue reading “Checkster Garners Series A Financing Round”
InVisionApp Obtains $40,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ea03504-04f9-48cf-9001-8e6a3f9065c3 Date 7/13/2015 Company Name InVisionApp Mailing Address 41 Madison 25th Floor New York, NY 10010 USA Company Description We created InVision because we felt strongly that for a prototype to effectively capture the attention of our stakeholders it had to have three things. Website http://www.invisionapp.com Transaction Type Venture Equity Transaction Amount … Continue reading “InVisionApp Obtains $40,000,000 New Financing Round”
Bio2 Medical Obtains $4,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d16d5c40-585e-49bc-9191-1a500642e651 Date 7/13/2015 Company Name Bio2 Medical Mailing Address 18618 Tuscany Stone San Antonio, TX 78258 USA Company Description Develops medical devices for the treatment of pulmonary embolism. Website http://www.bio2medical.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology … Continue reading “Bio2 Medical Obtains $4,000,000 New Financing Round”
Nuvotronics Secures $15,000,001 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d8b94050-533e-4a9d-8eec-769dfc25602b Date 7/13/2015 Company Name Nuvotronics Mailing Address 2305 Presidential Drive Durham, NC 27703 USA Company Description The most power in the smallest solid state package. Ultra-compact millimeter wave power modules leverage high efficiency air-core microcoax combiners for highest power per unit volume. Website http://www.nuvotronics.com Transaction Type Venture Equity Transaction Amount $15,000,001 … Continue reading “Nuvotronics Secures $15,000,001 New Round”
Ignition Partners Raising “Annex” Fund to Reinvest in “Top Prospects”
Ignition Venture Partners is raising a so-called annex fund to double-down on investments made from its fourth fund, which already has some gems in it. The firm, which earlier this year raised a $200 million sixth fund, has so far raised $16.8 million of a potential $60 million for Ignition Venture Partners IV Annex Fund, … Continue reading “Ignition Partners Raising “Annex” Fund to Reinvest in “Top Prospects””
West Coast Bio Roundup: Cowboys, UCSD v. USC, Global Blood & More
[Corrected, 7/13/15, 12.33pm. See below.] How often does one of our roundups feature a real roundup? In my In Translation column this week, I profiled San Francisco Bay Area neuroscientist Ted Yednock, who is taking on the desert to rehabilitate a cattle ranch in central Nevada (above). He and his partner are also taking on … Continue reading “West Coast Bio Roundup: Cowboys, UCSD v. USC, Global Blood & More”
Tech Bubble Talk Focuses on IPO Dearth, Overpriced Rounds, and China
The question is no longer whether we are in a tech bubble—we are—but rather what it all means for the future. And maybe the near future. Everyone seems to agree the market conditions are very different from 2000, but so what? Uber’s valuation is north of $40 billion, and the company is losing money as … Continue reading “Tech Bubble Talk Focuses on IPO Dearth, Overpriced Rounds, and China”
EyeGate Deals Treatment Rights to Valeant to Pay for Clinical Trials
EyeGate Pharmaceuticals, a Waltham, MA-based company that has been seeking FDA approval for an eye disease drug for years, is sacrificing future worldwide rights to a treatment for uveitis to get enough money from drug behemoth Valeant Pharmaceuticals International to put the therapy back on regulatory track. In exchange for an undisclosed upfront cash payment and milestones, … Continue reading “EyeGate Deals Treatment Rights to Valeant to Pay for Clinical Trials”
Astro Twists in Its Smart Light Bulbs in Connected Apartments
For all their promise of transforming homes into something out of Star Trek, connected devices are still trying to find a place in the mainstream. New York-based Astro, a graduate of the R/GA Accelerator, is building hardware and software that CEO Shaun Springer says could cast “smart homes” in a new light. His company’s platform … Continue reading “Astro Twists in Its Smart Light Bulbs in Connected Apartments”
21st Century Cures Act Passes House, Now Must Navigate Senate
The U.S. House of Representatives took a big step this morning toward major changes in the federal government’s relationship to biomedical research, funding, and regulation. The chamber passed the 21st Century Cures Act, a bill championed early on by a Democrat and a Republican, by a vote of 344-77, an astonishing percentage in this age … Continue reading “21st Century Cures Act Passes House, Now Must Navigate Senate”
How to Start a Startup Series
Bizdom Detroit hosts this series of lectures from Stanford University’s “How to Start a Startup” course. At each meeting, participants will watch one talk from the class and discuss its contents. This week’s topic is later-stage advice. For details, click here.
DTX Launch Detroit Showcase 2015
The Detroit Technology Exchange (DTX) hosts the final presentations from Launch Detroit’s 10-week summer tech accelerator, from startup teams comprised of college students and recent grads aspiring to launch technology ventures. Come network, meet the teams, and hear their ideas. To register, click here.
Biogen R&D Chief Doug Williams Leaves to Run New Cancer Startup
Biogen’s top research and development executive Doug Williams is leaving the company this month to take the helm at a startup that doesn’t yet have a name, Biogen announced today. Williams, who joined Biogen in 2011, is being replaced for now by the company’s chief medical officer, Alfred Sandrock, and its chief science officer, Spyros … Continue reading “Biogen R&D Chief Doug Williams Leaves to Run New Cancer Startup”
Sound Band Backers, Rejoice: Thiel Says Your Device is Coming Soon
Good news for Kickstarter backers of Hybra Advance Technology’s Sound Band project: Beta test units have been shipped. Co-founder Joe Thiel said that as soon as Hybra incorporates any feasible changes requested by beta testers, Sound Band units will be sent to all the remaining Kickstarter backers—by the end of the year, Thiel said, if … Continue reading “Sound Band Backers, Rejoice: Thiel Says Your Device is Coming Soon”
After Celgene Deal, Juno Revs Armored CAR For Ovarian Cancer Trial
Juno Therapeutics has built remarkable momentum—including last week’s much-dissected $1 billion deal with Celgene—upon early success treating leukemia and lymphoma patients with a first generation of experimental T cell therapies developed by its academic partners. Now, with one of those partners, Seattle-based Juno (NASDAQ: [[ticker:JUNO]]) is about to start another landmark trial: The first test … Continue reading “After Celgene Deal, Juno Revs Armored CAR For Ovarian Cancer Trial”
Polyverse Obtains $1,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55e1119e-7fbd-430b-9fbe-c9517ef99f96 Date 7/10/2015 Company Name Polyverse Mailing Address 244 Market St. Kirkland, WA 98033 USA Company Description Polyverse protects highly valuable data in your company from large scale data breaches. It segments the data into thousands or even millions of individually protected, fully enclosed security containers. Polyverse integrates with existing technology stacks … Continue reading “Polyverse Obtains $1,000,000 New Funding Round”
TicTasks Secures $241,453 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fcdb88a6-1198-4477-b3ef-6e3acae60fb6 Date 7/10/2015 Company Name TicTasks Mailing Address 1087 Mission Street 3rd Floor San Francisco, CA 94103 USA Company Description Proven makes it easy for you to organize your job hunting experience all in one place. You can quickly and easily apply to jobs on Proven or Craigslist all for free using … Continue reading “TicTasks Secures $241,453 New Round”
Intuity Medical Lands $2,000,001 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac646850-6323-4bdb-947a-70daba169ab7 Date 7/10/2015 Company Name Intuity Medical Mailing Address 526 Almanor Avenue Sunnyvale, CA 94085 USA Company Description Intuity Medical was founded with the mission of simplifying diabetes management for persons living with diabetes. We are currently developing the first blood glucose monitoring system designed to make testing easy, convenient and discreet. … Continue reading “Intuity Medical Lands $2,000,001 New Funding”
Electric Cloud Receives $4,244,999 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ac20c8c-547c-4f56-b84d-7d80264caf20 Date 7/10/2015 Company Name Electric Cloud Mailing Address 35 S Market St. San Jose, CA 95113 USA Company Description Growing from this foundation of build expertise, Electric Cloud’s product suite — ElectricAccelerator, ElectricCommander and ElectricInsight — now improves development productivity and product quality by accelerating, automating and analyzing the entire software … Continue reading “Electric Cloud Receives $4,244,999 New Round”
Clara Foods Garners $1,700,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9cba4abf-2064-47c0-a5a5-7fd6184f2b49 Date 7/10/2015 Company Name Clara Foods Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description Clara Foods aims to provide an un-compromised egg by taking the chicken out of the equation. We’re bringing an egg white to the table that is produced completely animal-free, uses less land and water inputs, … Continue reading “Clara Foods Garners $1,700,000 Seed Funding”
Splunk Acquires Caspida for $190,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ba68405-2b94-4116-aa5c-1a5149547e08 Date 7/10/2015 Company Name Caspida Mailing Address 2225 E. Bayshore Rd. Palo Alto, CA 94303 USA Company Description Do you know what cyber threat may be lurking in your network? The Chinese? The NSA? Bulletproof your enterprise today with Caspida. Website http://www.caspida.com Transaction Type M&A Transaction Amount $190,000,000 Transaction Round Proceeds … Continue reading “Splunk Acquires Caspida for $190,000,000”
Pluralsight Buys San Francisco Coding Mentorship Site HackHands
Pluralsight, an online learning company focused on high-end programming skills, said today it has acquired HackHands, a San Francisco startup that offers on-demand coding help from technology professionals. The price wasn’t disclosed. For the past two years, Utah-based Pluralsight has been building up its suite of online resources by acquisition, and now covers basic and … Continue reading “Pluralsight Buys San Francisco Coding Mentorship Site HackHands”
BioStar Ventures Raises $68.6M Fund for Med-Tech Companies
BioStar Ventures has raised a $68.8 million third fund, its largest to date, and plans to invest the money in as many as 18 emerging med-tech companies during the next five years, the firm said in a statement today. Its first two funds totaled $65 million. The firm has previously invested in 30 companies, including … Continue reading “BioStar Ventures Raises $68.6M Fund for Med-Tech Companies”
With PCSK9’s Origins In Mind, Sanofi Has UT Join Funding Program
International drug maker Sanofi has created a program to fund early drug discovery research at universities, and the Paris-based firm said today The University of Texas System is now on board, bringing the program’s total to seven institutions. Many successful or promising drugs stemmed from early work at universities, including a next-generation cholesterol-lowering treatment that … Continue reading “With PCSK9’s Origins In Mind, Sanofi Has UT Join Funding Program”
New Motive Accelerator Targets Real Estate Startups in Dallas
Dallas has a new startup accelerator—this one to boost innovation in real estate. “If you look at the last few years of tech development and adoption, a lot of it is around the physical space and geolocation,” says John Backes, co-founder of the new Motive accelerator launching in the fall. “We want to create a … Continue reading “New Motive Accelerator Targets Real Estate Startups in Dallas”