Nodality scores $3.5M for personal diagnostics
Nodality, a biotech company that makes diagnostics focused on cell pathways, has brought in $3.5 million of an expected $10 million round of equity, according to a filing with the SEC. Based in South San Francisco, its backers include Kleiner Perkins Caufield & Byers, Maverick Capital and TPG… Continue Reading
iPierian snags $3.7M grant from NIH for cell reprogramming
iPierian, a South San Francisco-based company that’s researching the use of cellular reprogramming for drug discovery applications, has been selected by the National Institutes of Health for a $3.7 million grant to continue work on these topics in tandem with Johns Hopkins University.
The two-year “Great… Continue Reading
RazorGator gobbles $188K to resell event tickets
RazorGator, a web-based platform for reselling your tickets to sporting or entertainment events, has raised $188,000 in rights, according to a filing with the SEC. The Los Angeles-based company is backed by Kleiner Perkins Caufield & Byers, Hercules Technology Growth Capital and Oak Investment Partners.
Amyris racks up $41.8M for renewable biofuels
Amyris Biotechnologies, one of the most generously-funded startups using microorganisms to produce synthetic biofuels, has added to its third round of funding, taking it from $24.7 million to $41.8 million. But Amyris is not going to stop till it hits its $60 million target, hopefully… Continue Reading
Booyah rakes in $5M for online social game based on real life
Booyah makes a web and iPhone-based game that lets you earn points by achieving things in real life — like going to the gym, learning how to cook more recipes, etc. — and then share this information with your friends and others to keep motivation… Continue Reading
HX Diagnostics takes $4.7M for disease diagnostics
HX Diagnostics, maker of quick-acting diagnostic tests for infectious diseases, brought in $4.7 million in equity and securities, according to a filing with the SEC. The company has previously been backed by Kleiner Perkins Caufield & Byers.
Green investing bounces back from recession
Venture Capital investment in green technology companies has jumped to tie pre-recessionary levels, according to a new report out of Greentech Media. With $1.9 billion spread over 112 deals, this year’s third quarter trounced figures from earlier this year, signaling a stronger than anticipated comeback… Continue Reading
Fisker trumps Tesla with $528M loan from Energy Dept.
In a somewhat unexpected move, the U.S. Department of Energy has granted luxury plug-in hybrid-electric car maker Fisker Automotive a $528.7 million conditional loan to finance the development of two different car models. As part of the stimulus package, the money — announced today by… Continue Reading
Juvaris gets infusion for infectious disease vaccines
Juvaris BioTherapeutics, a Burlingame, Calif.-based developer of vaccines to treat infectious diseases, announced that it raised financing toward its targeted $25 million second round of funding from SV Life Sciences and Kleiner Perkins Caufield & Byers. The company wouldn’t put a finer point on the… Continue Reading
Electric car maker Fisker nails down plans for 2011 profitability
Fisker Automotive, prime Tesla Motors competitor and maker of the luxury plug-in hybrid vehicle known as the Karma, has announced plans to sell 15,000 cars and apply for government funds in order to hit profitability by 2011. The Southern California company plans to launch production… Continue Reading
Mascoma teams with Chevron to turn ethanol byproduct into diesel and jet fuel
Soon after announcing funding for Soane Energy — a company working to clean up its oil extraction projects — Chevron released news that it will partner (PDF) with biofuel maker Mascoma to turn lignin, a byproduct of ethanol production, into diesel and jet fuel.
If the… Continue Reading
Hara lands $14M to track environmental ‘metabolisms’
Hara, maker of environmental and energy management software, has raised $14 million in a second round of funding only three months after its launch. Backed by Kleiner Perkins Caufield & Byers, the company is unique in its ability to track not only energy consumption or… Continue Reading
Amyris takes $24.7M for renewable biofuels
Amyris Biotechnologies, one of the best-funded companies deriving biofuels from synthetic microorganisms, has raised $24.75 million of a targeted $62 million third round of venture financing, according to a regulatory filing with the Securities and Exchange Commission. The Emeryville, Calif. company has raised an impressive… Continue Reading
3VR finds $12M for searchable surveillance
3VR Security, maker of video surveillance equipment with a built-in search engine and more detailed motion and facial recognition, has brought in $12 million in a fourth round of funding led by Menlo Ventures, according to PE Hub. Based in San Francisco, the company will… Continue Reading
Kleiner makes splash with inaugural water investment
Kleiner Perkins Caufield & Byers has backed its first water-related cleantech company — a significant milestone for the firm, and a sign that the floodgates might finally open in water investing in the U.S. The lucky recipient, Applied Process Technology (APT), makes water remediation technology… Continue Reading
RPX raises funds to aggregate defensive patents
RPX Corporation, provider of a service that aggregates patents to prevent violations and subsequent litigation costs, has brought in an undisclosed amount of second-round funding from Index Ventures, Charles River Ventures and Kleiner Perkins Caufield & Byers.
Based in San Francisco, the company charges companies fees… Continue Reading
iZumi Bio merges with Pierian to fuel stem cell technology
iZumi Bio, a research firm specializing in stem-cell research used to create a range of treatments, has merged with a similar company, Pierian, to advance development of regenerative medical therapies. At the same time, the new entity — iPierian — has taken in $11.5 million… Continue Reading
Kleiner-backed Hara launches to manage companies’ eco-impact
Hara, a company that helps businesses and government agencies track their environmental impact, has just launched with $6 million from Kleiner Perkins Caufield & Byers and the support of former vice president Al Gore.
The Menlo Park, Calif., company makes the Hara Environmental and Energy Management… Continue Reading
MIT busts genome reader Navigenics on patents
Navigenics, a Foster City, Calif. company that checks consumers’ genomes for indications of disease, is being sued by the Massachusetts Institute of Technology for allegedly infringing on a patent that the university licensed exclusively to E8 Pharmaceuticals.
If MIT wins the suit, Navigenics will have to… Continue Reading
Oil co. Terralliance finds funds despite risky business
Oil and gas exploration company Terralliance has raised an undisclosed amount of funding mostly from existing investors, despite reports that it squandered almost $300 million in capital on questionable purchases — Russian jets not least among them — before laying off more than half of… Continue Reading