Promising a cheap silicon supply for solar, 6N Silicon raises $20M
One of the solar photovoltaic industry’s biggest problems right now is a lack of polysilicon needed to make their solar cells. Supply shortages aren’t expected to ease up for another couple years; meanwhile, those who do have solar-grade silicon to sell are making money hand-over-fist.
6N… Continue Reading
Hybrid TV chip maker Fresco Microchip raises $14.3M
Fresco Microchip, a manufacturer of hybrid TV receiver chips, has raised $14.3 million in its second round of funding.
Unlikely many other companies, Fresco isn’t just betting on digital broadcasting. The Toronto company recently unveiled the FM 2050, a chip that can process digital and analog… Continue Reading
Alder Bio and its yeast-produced antibodies take in $40M
Alder Biopharmaceuticals, a Bothell, Wash., developer of antibody drugs, raised $40 million in a third funding round. Investors included Delphi Ventures, TPG Biotech, Sevin Rosen Funds, Ventures West, H.I.G. Ventures, and WRF Capital.
Alder develops antibody-based drugs for inflammation and autoimmune disease. The company’s lead candidate,… Continue Reading
Viigo raises $6.4M for mobile phone content service
updated
Viigo, a Toronto company that offers a convenient mobile phone application that lets you subscribe to news, entertainment and other content, has raised $6.4 million in financing.
Viigo competes head to head with Freerange. Both companies offer what is called an RSS Reader, or a technology… Continue Reading
Zeugma Systems raises $22.5M for next-gen broadband
Zeugma Systems is a Vancouver, B.C. company that says it is developing a telecommunications network for next-generation high-speed broadband.
The company will use the most recent round of funding for its commercial launch, but has so far remained in stealth, and has not yet announced any… Continue Reading
QuickPlay Media, mobile video delivery co., raises $15M more
QuickPlay Media, a Toronto company that provides mobile TV and video technology to carriers, said it has raised $15 million in a third round of capital. See statement here.
The financing was led by Ventures West, and included General Catalyst, J.L. Albright Venture Partners and Up… Continue Reading