AMSilk, a German company specializing in the development and production of high performance materials based on spider silk, has inked a 5 million euro ($7 million) second round. Series B investors include MIG Fonds and AT Newtec, the company said in a statement.
2 min read · 21 March 2011
3M, through its 3M New Ventures business, invested an undisclosed amount in MotionID Technologies AG, a developer of an e-payment system that enables vehicles to be automatically equipped with a payment function. Terms of the deal were not released.
2 min read · 21 March 2011
Facebook co-founder Eduardo Saverin is the lead investor in a $6.5 million first round for Jumio, a developer of mobile and online payment products. Saverin joins the company’s board as a result. Formed in 2010, Jumio is based in Mountain View, Calif. The company will use the money to continue development of its technology.
2 min read · 18 March 2011
BioNanomatrix Inc., a developer of nanoscale, single-molecule imaging and analysis platforms, has raised $23.3 million in Series B financing. Domain Associates led the round, with participation from new investor Gund Investment Corporation and existing shareholders Battelle Ventures, Innovation Valley Partners and KT Venture Group joining the round. Domain Associates has offices in Princeton, N.J., and San Diego.
2 min read · 18 March 2011
Create your free online surveys with SurveyMonkey, the world's leading questionnaire tool. Incubators are all the rage. Y Combinator, TechStars and 500 Startups Accelerator, among others, are reshaping the seed company landscape and projections are that more than 100 new incubators will soon take root. Just last month, five firms. including Charles River Ventures and Highland Capital Partners, came together to form CriticalMass, an incubator that will exist inside the Cambridge Innovation Center incubator in Boston.
1 min read · 17 March 2011
3 min read · 17 March 2011
3 min read · 17 March 2011
Electric motorcycle manufacturer Zero Motorcycles has sealed a commitment for up to $26 million in new financing. Existing shareholder Invus LP led the round, which closed on March 3 with $17 million. An additional $9 million may be added over the next few months, the company said in a statement. Zero Motorcycles is based in Satan Cruz, Calif.
2 min read · 17 March 2011
NxThera Inc., a St. Paul, Minn.-based medical devices company, has added $12.6 million in Series B financing. American Medical Systems Inc. led the round, and was joined by existing investors Arboretum Ventures, Aberdare Ventures and GDN Holdings. NxThera is developing medical technologies to treat a variety of endourology conditions.
2 min read · 16 March 2011
Healthcare technology start-up Doximity has raised $10.8 million in a first round of venture capital financing. Emergence Capital Partners and InterWest Partners provided the financing, which will help the company develop its physician network. Doximity has developed a free communication platform that links medical professionals, allowing them to securely connect with other doctors via mobile devices or computers. Doximity is based in San Mateo, Calif.
2 min read · 16 March 2011
