Index Ventures infuses biotech and cleantech with $438.8M

Index Ventures infuses biotech and cleantech with $438.8M

Index Ventures just announced the closure of a $438.8 million fund intended to finance young biotechnology and cleantech portfolio companies. This is the sixth seed and early-stage fund the London-based firm has raised. Perhaps best know for its prescient investments in technologies like Skype, MySQL… Continue Reading

Roundup: MyHeritage raises funding, news feed psychology, Bell drops “basic research,” and more

Roundup: MyHeritage raises funding, news feed psychology, Bell drops “basic research,” and more

Here’s the latest action:

Genealogy site MyHeritage raises $15 million — The Israel-based company has grown from 17 million to 25 million registered users over the past year. Investors include Index Ventures and Accel.

High-imaging satellite GeoEye-1 launches — It claims to take the highest-resolution images of any commercially-available… Continue Reading

Roundup: Veoh sues, MySpace’s tiny profit, Nirvanix, Wikipedia’s color-coding, more

Roundup: Veoh sues, MySpace’s tiny profit, Nirvanix, Wikipedia’s color-coding, more

Here’s the latest action:

Veoh Networks files preemptive suit against Universal Music Group — Veoh, the San Diego video start-up we’ve written about, said it filed the suit to assert its rights as a copyright-compliant company after UMG threatened it with litigation.

Geni gets cloned by a German… Continue Reading