{"id":3444,"date":"2011-03-04T17:22:09","date_gmt":"2011-03-04T22:22:09","guid":{"rendered":"http:\/\/sciencebusiness.technewslit.com\/?p=3444"},"modified":"2011-03-04T17:22:09","modified_gmt":"2011-03-04T22:22:09","slug":"finance-friday-4-march-2011","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=3444","title":{"rendered":"Finance Friday: 4 March 2011"},"content":{"rendered":"
\"$100<\/a>
(Photos8.com)<\/figcaption><\/figure>\n

Here are recent angel and venture finance transactions for science- and engineering-based companies, as reported by Xconomy<\/a> and Venture Capital Reporter<\/a>.<\/p>\n

Biomedical\/Life Sciences<\/strong><\/p>\n

Retina Implant AG in Reutlingen, Germany, a medical device company developing sub-retinal implants to help visually impaired people improve their sight, secured $18 million in its second round of equity funding from its existing investors.<\/p>\n

CardioFocus in Marlborough, Massachusetts, a developer of a system for laser ablation procedures used in treating irregular heart rhythms known as atrial fibrillation, raised $30.6 million in equity financing from new investors First Alliance & Capital Invest, Fletcher Spaght Ventures, and Manatuck Hill Partners, as well as all previous investors.<\/p>\n

NeuroPhage Pharmaceuticals, a drug developer in Cambridge, Massachusetts, raised $12.4 million in a Series B financing led by M\u00e9rieux D\u00e9veloppement, the health care investment arm of French firm Institut M\u00e9rieux, with backing from Irish biopharma company Shire.<\/p>\n

Cardiorobotics in Raynham, Massachusetts, a maker of a robotic catheter for heart procedures, raised $6.6 million of equity- and rights-based funding.<\/p>\n

Tibion in Sunnyvale, California, a maker of a bionic assist device to help stroke victims recover movement and strength in their legs, collected $10.175 million in venture backing, led by Three Arch Partners and Hambrecht & Quist Capital Management.<\/p>\n

Energy and Environment<\/strong><\/p>\n

Aircuity in Newton, Massachusetts, a developer of systems for intelligently controlling air ventilation in commercial buildings, added a $3.5 million equity round.<\/p>\n

Powerit Solutions in Seattle, Washington, which provides energy management and conservation for industry clients, captured $5 million in equity financing, led by new investor Black Coral Capital and joined by four repeat investors.<\/p>\n

Engineering and Electronics<\/strong><\/p>\n

Achronix a semiconductor company in Santa Clara, California, raised $45 million in a series C equity funding round.<\/p>\n

Physical Sciences<\/strong><\/p>\n

Genomatica, a biotechnology\u00a0 company in San Diego, California creating industrial chemicals, raised $45 million in a Series C round of venture equity funding.<\/p>\n

Read more: Finance Friday: 25 February 2011<\/a><\/p>\n

*\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0 *<\/p>\n","protected":false},"excerpt":{"rendered":"

Here are recent angel and venture finance transactions for science- and engineering-based companies, as reported by Xconomy and Venture Capital Reporter. Biomedical\/Life Sciences Retina Implant AG in Reutlingen, Germany, a medical device company developing sub-retinal implants to help visually impaired people improve their sight, secured $18 million in its second round of equity funding from […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[21,68,86,74,23,24,64,77,27,105,19],"class_list":["post-3444","post","type-post","status-publish","format-standard","hentry","category-finance","tag-biotech","tag-energy","tag-engineering","tag-entrepreneurs","tag-equity","tag-investment","tag-life-sciences","tag-medical-device","tag-pharmaceuticals","tag-physical-sciences","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/3444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3444"}],"version-history":[{"count":2,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/3444\/revisions"}],"predecessor-version":[{"id":3446,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/3444\/revisions\/3446"}],"wp:attachment":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}