Cambrios lands $14.5M for electronic display components
Cambrios, maker of conductive films used in electronic displays and monitors, has brought in $14.5 million in a fourth round of venture capital. Based in Sunnyvale, Calif., the company is backed by ARCH Venture Partners, Alexandria Real Estate Equities, Alloy Ventures, Altitude Life Science Ventures, Avalon Ventures, Harris & Harris Group, Headland Ventures, In-Q-Tel, Kidron, Lux Capital, Mitsubishi UFJ Capital, Oxford Bioscience Partners, Presidio Ventures, Sumitomo, Chisso and Nissha Printing.
Freescale spins out its MRAM chip business
I wish my memory could get this kind of upgrade. Today, a new kind of chip memory is going to get a boost with the launch of a new venture spin-out company. If it succeeds, we’ll be carrying around much more responsive, instantly available portable gadgets in the future.
MRAM has been in the research labs for a long time as a chip technology that has the combined advantages of both temporary and permanent memory. But… Continue Reading
Life sciences briefing: Thursday, Jan. 3, 2008
TODAY’S HEADLINES:
Gelesis draws in $16M for obesity treatments (release)
Tempo Pharma raises $8B for nanoparticle drugs (release)
Calistoga Pharma receives additional $5M for cancer and inflammation drugs (release)
Montreux Equity Partners closes $250M life-sciences fund (release)
MTS Health Partners names Andrew Weisenfeld, Mark Epstein managing directors (release)
T2 Biosystems names John McDonough as CEO (release)
Gelesis draws in $16M for obesity treatments — Gelesis, a stealthy Boston company working on “novel” obesity treatments, raised $16 million in a first funding round…. Continue Reading
Silicon Clocks raises $8M more for chip timing
Silicon Clocks is a fabless semiconductor company focused on integrating timing devices directly onto processor chips.
Current quartz-based technology, which is several decades old, requires a separate processor piece and is somewhat limited in its abilities. Silicon Clocks claims it can reduce the size and cost of chips by building a silicon-germanium micro-electro-mechanical system (MEMS) directly onto a chip.
The $8 million round is a second tranche, bringing the company’s total first funding to $19 million. Investors… Continue Reading
Accelergy, advanced catalytic materials co., raises undisclosed round
Accelergy Corporation, a Palo Alto company which says it offers “high throughput solutions for accelerated discovery, development and commercialization of advanced catalytic materials,” has said it raised a second round of financing from Goldman Sachs (which led the round), Sequoia Capital China and Lux Capital. Accelergy’s existing investors, Nth Power, Technology Partners, Mobius VC and Advent International also participated.
It says it helps companies use environmentally friendly fuels and petrochemicals. It has offices in both the… Continue Reading