LipoFIT Analytic GmbH, a German developer of new methods for routine assessments of the risk of developing atherosclerosis, has raised €4 million in VC funding. Backers include SHS Gesellschaft für Beteiligungsmanagement, KfW Bankengruppe and Bayern Kapital.
4 min read · 21 December 2009
Youku.com, a Chinese video sharing site, has raised $40 million in the first tranche of a Series E funding round. Chengwei Ventures led the close, and was joined by fellow return backers Brookside Capital, Maverick Capital and Sutter Hill Ventures. The company has now raised $110 million in total VC funding, plus $10 million in venture debt from Western Technology Investment.
2 min read · 21 December 2009
1 min read · 20 December 2009
Faye Pairman has joined U.S. Venture Partners as an executive-in-residence. She is the former president and CEO of onetime USVP portfolio company 3ware Inc., which was acquired by Applied Micro Circuits.
2 min read · 18 December 2009
Tioga Energy, a San Mateo, Calif.-based provider of renewable energy services , has raised $20 million in a first close on its Series B round. Backers include MEMC Electronic Materials (NYSE:WFR), NGEN Partners, Nth Power and Draper Fisher Jurvetson.
3 min read · 18 December 2009
1 min read · 18 December 2009
2 min read · 18 December 2009
1 min read · 18 December 2009
Adimab Inc., a Lebanon, N.H.-based developer of a human antibody discovery platform in yeast, announced new research collaborations with Pfizer and an undisclosed second company. It also announced the receipt of milestone payments from two prior discovery collaborations with Merck and Roche. No financial details were disclosed. Adimab has raised around $21.5 million in VC funding from Google Ventures, OrbiMed Advisors, Borealis Ventures, Polaris Venture Partners and SV Life Sciences.
3 min read · 18 December 2009
MotorExchange, a New Delhi-based online used vehicle exchange for the Indian market, has raised an undisclosed amount of Series A funding from Canaan Partners.
2 min read · 18 December 2009
