2 min read · 29 June 2011
SiliconBlue Technologies has closed on $18 million in Series D financing. Atlantic Bridge, a Dublin and London-based private equity firm, led the financing. Existing shareholders BlueRun Ventures, Crosslink Capital, NEA and Apex Venture Partners all participated in the round. Brian Long, a partner at Atlantic Bridge, will join the company’s board. SiliconBlue develops custom mobile device technology for handheld applications. The company is headquartered in Santa Clara, Calif., with offices in China, Taiwan, Korea, and Japan.
3 min read · 29 June 2011
Dynamics Inc., a developer of payment cards and systems, has closed on $35 million in new financing. Bain Capital Ventures led the Series B round, which will help the company bolster its team and production capacity. The company is also backed by Adams Capital Management.
4 min read · 29 June 2011
3 min read · 28 June 2011
3 min read · 28 June 2011
4 min read · 28 June 2011
China’s Wuhan Kindstar Diagnostics Co. has raised $11 million in Series B financing led by WI Harper Group, Baird Capital Partners Asia, Morningside Ventures and Mayo Clinic. Formed in 2003, Wuhan Kindstar provides laboratory testing services to over 2,000 Chinese hospitals. The company previously raised an undisclosed amount in Series A financing in 2008 from Morningside Ventures.
4 min read · 28 June 2011
Energy Technology Ventures – a joint venture between GE, NRG Energy and ConocoPhillips – is backing Israel-based Emefcy Ltd., the companies announced Tuesday. Emefcy’s technology is designed to turn wastewater treatment into an energy-generating process. The company’s technology uses naturally occurring bacteria in an electrogenic bioreactor to treat wastewater and produce energy. Energy Technology Ventures was joined in the funding round for Emefcy by Pond Venture Partners, Plan B Ventures and Israel Cleantech Ventures. Financial details were not disclosed.
4 min read · 28 June 2011
Cambridge, Mass.-based MC10 has closed on $12 million in Series B financing led by new investor Braemar Energy Ventures. Existing shareholders North Bridge Venture Partners, Osage University Partners and Terawatt Ventures also contributed to the round. MC10 develops technology designed to transform high-performance electronics into systems that can bend, stretch and wrap into different shapes. The technology is applicable to sports, military and biomedical fields.
3 min read · 28 June 2011
Biopharma company Nimbus Discovery has closed on a $24 million Series A round co-led by Atlas Venture, SR One, and Lilly Ventures. Existing investor, Bill Gates, also participated, the company said. Nimbus uses computational technology to discover medicines for difficult-to-drug diseases, and will use the infusion of capital to accelerate its existing development programs. The company closed on an undisclosed amount of seed financing in March.
4 min read · 28 June 2011
