Biotech pesticide maker AgraQuest raises $20M

Biotech pesticide maker AgraQuest raises $20M

Davis, Calif.-based AgraQuest, an ag-biotech firm developing new forms of pesticide, raised $20 million in what appears to be its tenth major fundraising. The U.K.’s Loudwater Trust and existing investors, including TPG Ventures, participated in the round.

AgraQuest derives novel, organic pesticides from natural microorganisms, which… Continue Reading

Aristos, RAID storage processing company, raises $13.36M

Aristos Logic Corp., a Foothill Ranch, Calif.-based provider of RAID storage processing technology, has raised $13.36 million in Series G funding, according to a regulatory filing cited by PE Wire.

Investors include JPMorgan Partners, TPG Ventures, Woodside Fund, QTV Capital, Seagate Technology, Infineon Technologies, Emulex… Continue Reading

Amgen to buy inflammation drug co. Avidia for up to $380M

Biotech giant Amgen said it has agreed to buy Mountain View-based Avidia for up to $380 million.

Under the accord, expected to be completed this year, Amgen of Thousand Oaks will pay $290 million in cash and up to $90 million more if Avidia meets certain… Continue Reading