Science and Enterprise

Tag: equity

  • Cleantech Investment Volume Up, Deal Numbers Down in 2011

    Global investment dollars in clean technologies increased in 2011 from the previous year, but the number investment deals declined somewhat, according to the industry research company CleanTech Group in San Francisco. Clean technologies, as defined by Cleantech Group, include renewable energy sources such as wind and solar, as well as energy efficiency, pollution control, infrastructure…

  • Ophthalmology Drug Delivery Start-Up Gets $4M Investment

    An Atlanta-based start-up, Clearside Biomedical, has received a $4 million venture capital investment from Hatteras Venture Partners in Research Triangle Park, North Carolina. Clearside Medical is commercializing technology developed at Emory University and Georgia Tech that delivers drugs to precise locations in the eye using hollow microneedles. Research behind the Clearside Biomedical technology was conducted…

  • Cellulosic Biomass Sugars Developer Gains BASF Backing

    Renmatix Inc., a developer of biofuel sugars from cellulosic feedstocks in King of Prussia, Pennsylvania, has secured a $50 million investment round led by German chemical manufacturer BASF. The BASF subsidiary, BASF Biorenewable Beteiligungs GmbH, contributed $30 million to the investment round, joined by new and existing investors. Renmatix has devised a technology platform called…

  • Fewer Venture-Backed Companies Gain Liquidity, Get More Cash

    Dow Jones VentureSource says in 2011 fewer U.S. companies backed by venture capital gained liquidity than in 2010, but those companies that left start-up status raised a good deal more capital in the process. The venture capital industry research service reports the 522 mergers, acquisitions, buyouts, and initial public offerings (IPOs) represent a 14 percent…

  • Biofuels Start-Up Adds BP as Investor

    Cool Planet BioFuels in Camarillo, California says BP Technology Ventures has made an investment in the company’s C round — the third series of equity investments after start up. The amount of the investment by BP’s venture capital division was not disclosed. Current investors in Cool Planet Biofuels also include General Electric, Google Ventures, ConocoPhillips,…

  • Global Semiconductor Investment Drops in November

    A report from the Global Semiconductor Alliance (GSA) shows investment in semiconductor companies worldwide dropped for the month of November 2011 compared to the same month in 2010, and for the year-to-date. The number of mergers and acquisitions in the industry also decreased for the year so far, but in November a number of new…

  • Biotech Lands $30 Million Late Stage Investment

    Acceleron Pharma Inc. in Cambridge, Massachusetts says it raised $30 million in private financing from its current investors and one of its drug development partners. The funds, says Acceleron, will advance its clinical stage drug pipeline, as well as its overall research agenda. The company develops therapies based on the transforming growth factor beta (TGF-beta)…

  • Life Science Venture Fund Raises $313 Million

    Burrill & Company in San Francisco announced today a new life sciences investment fund with commitments so far totaling $313 million. The company says its Burrill Capital Fund IV plans to make early to late stage investments in therapeutics, diagnostics, medical devices, health care delivery, wellness, and digital health. CEO G. Steven Burrill says the…

  • Biotech Secures $20 Million in Early Stage Financing

    ImmusanT Inc. in Cambridge, Massachusetts has received $20 million in early stage financing to develop its therapy and diagnostic tools  for celiac disease. The funds from venture capital firm Vatera Healthcare Partners LLC are expected to support further research and development of the company’s Nexvax2 therapeutics and diagnostics to a proof-of-concept demonstration. ImmusanT’s Nexvax2 therapeutic…

  • Mobile Tech Developer Raises $15M in Expansion Round

    The Cambridge, U.K. mobile technology developer ip.access says it has closed a new $15 million round of funding from its current investors in the U.S. and Europe. The company makes small and low-power cellular base stations that boost signal coverage for mobile Internet devices. The collection of ip.access’s current investors all participated, including Amadeus Capital…