Research Triangle Park, North Carolina-based Spyryx Biosciences, which develops treatments for respiratory diseases, has raised $18 million in Series A funding. The investors were Canaan Partners, Hatteras Venture Partners and 5AM Ventures. In conjunction with the funding, Dr. Tim Shannon, general partner of Canaan, has been named chairman of Spyryx's board of directors. Also, Dr. Christy Shaffer, managing director of Hatteras Discovery at Hatteras and Dr. Brian Daniels, venture partner of 5AM, have been added to Spyryx's board of directors.
3 min read · 07 May 2015
Hayward, California-based Moximed, a maker of solutions for patients with knee osteoarthritis, has secured about $33 million in funding. The investors included Vertex Venture Holdings Ltd, New Enterprise Associates, Gilde Healthcare Partners, Morgenthaler Ventures and GBS Venture Partners. In addition to the funding, Dr. Christopher Shen of Vertex, has been added to Moximed's board of directors.
3 min read · 07 May 2015
Canada-based GaN Systems Inc, a developer of gallium nitride power switching semiconductors, has raised $20 million in financing. Cycle Capital Management led the round with participation from BDC Capital, Tsing Capital, Chrysalix Energy Venture Capital and RockPort Capital.
3 min read · 07 May 2015
Lucid has raised $14.2 million in Series B funding. The investors include GE Ventures, Formation 8, Zetta Venture Partners and Autodesk. Lucid is a maker of BuildingOS, a cloud-based software for integrated building management.
3 min read · 07 May 2015
Redwood City, California-based social discovery app Banjo has raised $100 million in Series C funding, the company announced on its site. SoftBank led the round alongside BlueRun Ventures. To read the announcement, visit here.
1 min read · 06 May 2015
Cloud communications platform ChatWork has secured $2.5 million in funding from GMO VenturePartners. According to the company, the capital infusion will be used for product development, personnel hiring and growth.
3 min read · 06 May 2015
According to a blog post on its site, App Annie has acquired Canadian mobile measurement company Mobidia. No financial terms were disclosed. App Annie's backers include Institutional Venture Partners, Sequoia Capital, Greycroft Partners and IDG Capital Partners while Mobidia's backers include BDC Venture Capital, British Columbia Discovery Fund and B.C. Advantage Funds. To read the announcement, visit here.
1 min read · 06 May 2015
Durham, North Carolina-based CoLucid Pharmaceuticals, which develops oral lasmiditan that treats migraine headaches, has raised $55 million for its IPO after pricing its 5.5 million shares at $10 per share. The stock began trading Wednesday on the NASDAQ under the ticker symbol "CLCD." Piper Jaffray & Co. and Stifel are serving as the lead underwriters. CoLucid's backers include TVM Capital Life Science, Novo Ventures, Auriga Partners, Pappas Ventures, Domain Associates, Care Capital, Triathlon Medical Ventures and Pearl Street Ventures.
2 min read · 06 May 2015
UK and Philadelphia-based biotechnology company Adaptimmune Therapeutics plc has debuted its IPO after pricing its 11.25 million shares at $17 per share. The stock began trading Wednesday on the NASDAQ under the ticker symbol "ADAP." BofA Merrill Lynch, Cowen and Company and Leerink Partners LLC are serving as the lead underwriters. Adaptimmune's backers include New Enterprise Associates, OrbiMed Advisors, Wellington Management Company, Fidelity Biosciences, Foresite Capital Management, Ridgeback Capital Management and Rock Springs Capital.
3 min read · 06 May 2015
Stockholm-based Automile, a platform that connects cars and their data to the cloud, has raised $5 million in Series A funding. Dawn Capital and Point Nine Capital led the round.
4 min read · 06 May 2015
