Wireless startup Fon raises $9.5M
Fon, a Spanish startup hoping to build “the world’s largest wireless community”, has raised $9.5 million in a third round of funding, according to TechCrunch.
Coral Capital Management led the round, with participation from British Telecom, Google, Allen & Co., founder Martin Varsavsky’s Jazzya and Joi Ito’s Digital Garage. Varsavsky says he’ll use the new funding to launch Fon in Russia, and to release a new version of the company’s Fonera router.
We covered the company last… Continue Reading
Life-science briefing: Tuesday, April 8, 2008
TODAY’S HEADLINES:
AGI Dermatics takes in $5M for skincare products (release)
Myconostica raises £3.9 for fungal diagnostics (GenomeWeb)
Germany’s Noxxon gets €1M grant for aptamer drugs (release)
AGI Dermatics takes in $5M for skincare products – Freeport, N.Y.-based AGI Dermatics, a startup concentrated on skincare products, raised $5 million in a new funding round. Investors included Trevi Health Ventures and Spring Mountain Capital.
AGI makes cosmetic ingredients and is working on developing topical pharmaceutical lotions as well. Its leading drug candidate… Continue Reading