Abraaj Capital Group has agreed to acquire Riyada Ventures, a Jordan-based VC firm focused on the MENA region. No financial terms were disclosed.
4 min read · 24 November 2009
Oxagen Ltd., a UK-based drug company focused on inflammation, has raised £16 million in Series C funding. Novartis Venture Funds led the round, and was joined by return backers MPM Capital, SV Life Sciences, Advent Ventures, Bessemer Venture Partners, Omega, Abingworth, IBT, Red Abbey and The Wellcome Trust.
2 min read · 24 November 2009
2 min read · 24 November 2009
1 min read · 23 November 2009
1 min read · 23 November 2009
2 min read · 23 November 2009
Roam Data Inc., a Boston-based provider of mobile application services, has raised $6.5 million in VC funding from the investment arm of payments company Ingenico SAS.
3 min read · 23 November 2009
Receptos Inc., a San Diego-based developer of GPCR therapeutics, has raised $25 million in tranched-out Series A funding. Backers include ARCH Venture Partners, Flagship Ventures, Lilly Ventures and Venrock.
3 min read · 23 November 2009
WinBuyer, an Israel-based developer of on-site comparison pricing applications, has raised $6.9 million in first-round funding. Pitango Venture Capital led the round, and was joined by Giza Venture Capital.
4 min read · 23 November 2009
Howard Gwin has joined Silicon Valley growth equity firm Bridgescale Partners as a venture partner, working out of Toronto. He most recently served as president of Solect Technology Group.
2 min read · 23 November 2009
