angela sormani
The PLSG Accelerator Fund has reached a final close of the Accelerator Fund at $8.1 million. The fund is being managed by The Pittsburgh Life Sciences Greenhouse to make venture investments in life sciences companies located in western Pennsylvania. PRESS RELEASE The PLSG Accelerator Fund, LLC (Accelerator Fund), issued a statement through its Managing Director, […]
Auxogyn, a privately-held company focused on advancing women’s reproductive health, has closed the final tranche of its Series A financing, bringing total funding to $20 million. Investors in the round include Kleiner Perkins Caufield and Byers, TPG Biotech and Merck Serono Ventures. PRESS RELEASE Auxogyn, Inc., a privately-held company focused on advancing women’s reproductive health, […]
BASF Venture Capital is investing $5 million in Solidia Technologies as part of a $27 million financing round. The current round of financing also includes Kleiner Perkins Caufield and Byers, BP Ventures and Bright Capital, the venture arm of RU-COM Corporation. The company is headquartered in Piscataway (New Jersey) and has 28 employees. PRESS RELEASE […]
Atego, a global software tools and professional services supplier has secured an additional, multi-million dollar equity investment. Existing investor ETV Capital led the funding with participation from Albion Ventures, new investor ESO and individual investors. The funds will be used to finance the Atego’s current growth plan combining organic and external, acquisition-driven growth. PRESS RELEASE […]
GE Capital and GE Healthcare, the financial services and healthcare divisions of General Electric Company have invested in Check-Cap, a developer of an ingestible imaging capsule that may help detect colorectal cancer. The investment is being made through the GE healthymagination Fund, an equity fund that makes investments in healthcare technology companies. PRESS RELEASE GE […]
CartiHeal, a privately held medical device company has raised $5 million in venture funding from two US-Israeli venture capital firms, Accelmed and Access Medical Ventures. The financing will be used to prepare its first product launch in early 2013 in Europe. CartiHeal is a spin-out of the Department of Biotechnology Engineering at Ben-Gurion University, Israel. […]
Targovax, an oncology biopharma company, has secured NOK13 million (USD2.2 million) from a consortium comprising the Radium Hospital Research Foundation, Birk Venture, RO Invest and existing owners. This funding follows the award of an Innovation Norway grant of NOK 9 million in early December 2011. The company is based in Lysaker close to Oslo, Norway, […]
Domo, a software-as-a-service venture launched by Omniture co-founder Josh James has closed $20 million from Institutional Venture Partners (IVP) in Series A-1 funding. This round brings total investment in Domo to $63 million. PRESS RELEASE Domo, a new software-as-a-service (SaaS) venture launched by Omniture co-founder Josh James to redefine the business intelligence (BI) market and […]
Optimism is still high in 2012, as a number of portfolio companies stand ready to exit
Cambrios Technologies has hired John LeMoncheck as its new chief executive and raised $5 million in a fourth round of funding from strategic investor Samsung Venture Investment, according to VentureBeat. The Sunnyvale, Calif.,-based company uses nanotechnology to create a thin transparent film that can conduct electricity. VentureBeat – Cambrios Technologies is announcing today that it […]