2 min read · 12 May 2009
1 min read · 11 May 2009
Teikoku Pharma USA Inc. has acquired Travanti Pharma Inc., a Mendota Hights, Minn.-based developer of drug delivery platforms. No financial terms were disclosed. Travanti had raised over $8 million in VC funding from firms like Prolog Ventures.
2 min read · 11 May 2009
Hexaformer AB, a Swedish developer of transformer technology, has raised SEK 35 million (US $4.5m) in VC funding from Sustainable Technologies Fund and InnovationsKapital. www.hexaformer.com
1 min read · 11 May 2009
TimeBridge, a San Francisco-based provider of a personal scheduling tool, has raised $5 million in Series B funding co-led by Mayfield Fund and Norwest Venture Partners.
3 min read · 11 May 2009
EveryZing Inc., a Cambridge, Mass.-based multimedia search and advertising platform, has raised $8.25 million in Series C funding. Peacock Equity Fund led the round, as part of a larger strategic agreement between EveryZing and NBC Universal. Return backers included Fairhaven Capital, General Catalyst Partners, Accel Partners and BBN Technologies.
3 min read · 11 May 2009
ZettaCore Inc., a Denver-based developer of molecular memory solutions, has raised $21 million in Series C funding. peHUB had previously reported on the round, based on a regulatory filing. New backers included Globis Capital Partners, Itochu Technology Ventures, Yasuda Enterprise Development, Epic Ventures and Panasonic Ventures. Return backers included Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers, Radius Ventures, Oxford Biosciences, Access Ventures, Garrett Capital and Stanford University.
2 min read · 11 May 2009
P21 GmbH, a German provider of energy solutions for mobile operators to cut fuel costs and increase the use of renewable energy, has raised €10 million in new VC funding. Yellow&Blue Investment Management led the round, and was joined by company management and return backers Target Partners and Conduit Ventures. P21 was formed in 2001 via a management buyout from Vodafone.
1 min read · 11 May 2009
Rockley Group, a tech-focused venture group led by UK angel investors Andrew and Robert Rickman, is raising $100 million for a fund focused on Shandong Province, China. Rockley will provide 10% of the capital, with the Shandong High-Tech Investment Corp. providing another 10 percent. The Shandong Academy of Sciences is also involved.
10 min read · 11 May 2009
PNC Equity Partners has acquired APEX Analytix Inc., a Greensboro, N.C.-based provider of recovery audit services. Sellers include VC firms Noro-Moseley Partners and Wakefield Group, while leveraged financing was provided by Union Bank, TriState Capital Bank and Babson Capital Management.
2 min read · 08 May 2009
