Company to Advance its lead Drug Candidate, EBI-005, into Clinic Development for Dry Eye Disease. Eleven Biotherapeutics, Inc. , a biopharmaceutical company designing and engineering novel and differentiated protein-based biotherapeutics, announced today that it has secured $20 million dollars in Series A equity financing, expanding the total Series A investment to $45M.
Regions
ZiLift Receives £4 Million Boost for Artificial Lift Technology, Targeting $6 Billion Dollar Oil and Gas Extraction Market
ZiLift, an Aberdeen, Scotland-based provider of artificial lift solutions for the oil and gas industry, has received a growth capital investment of £4 million (US$7 million).
European start-ups court crowds for cash
cash-hungry companies are increasingly turning to an alternative form of financing known as crowdfunding.
Penta, Eastbridge to hold 74 pct of EM&F after tender
Czech private equity group Penta Investments and Luxembourg-based Eastbridge Group will together hold 74 percent of Polish retailer Empik Media & Fashion after a public tender.
Blackstone buys London financial district complex-source
Private equity company Blackstone Group has expanded its property presence in London, buying the 12-building Devonshire Square office and retail complex from rival Rockpoint and the Abu Dhabi Investment Authority (ADIA), according to a source familiar with the deal.
Latest News
Conference program features panels and a fireside chat with top-name executives. The international biotech and pharma community will converge upon the city of Suzhou, China, a rapidly growing base for life science industries, at ChinaBio® Partnering Forum 2012 at the Kempinski Hotel Suzhou, May 23–24.
Citrix Startup Accelerator has named the five finalists of its Startup.Synergy Challenge. Citrix Startup Accelerator, the company’s corporate incubator focused on providing seed investments to start-ups from around the world, has named the five finalists of its Startup.
Company Will Accelerate Market Share Gains and Product Development in IP Video Delivery. Elemental Technologies, the leading supplier of video solutions for multiscreen content delivery, today announced that it raised $13 million in Series C financing led by Norwest Venture Partners (NVP).
Expands to New York and Boston; Adds Jeff Jordan to Board of Directors
Belly, a rapidly-growing start-up that is effectively redefining customer loyalty for small businesses, announced today that it has received a $10 million Series B round of venture capital financing from Andreessen Horowitz.
China yuan funds of overseas PE firms to be treated as foreign. China plans to treat local money raised and managed by global private equity firms as foreign funds, industry sources said on Tuesday, restricting their access to sectors such as media and mining in the world's second-biggest economy.
Alp Ercil, the former Asia head of Perry Capital, has raised $440 million for a private-equity style hedge fund that will focus on distressed investment opportunities in credit and equities in the Asia-Pacific.
Singapore state investor Temasek Holdings and Asia-based private equity firm RRJ Capital have agreed to invest $468 million in Cheniere Energy.
Credit Suisse Group AG intends to increase capital at its Chinese joint venture and apply for a stock trading permit in the country.
Abu Dhabi Investment Authority (ADIA) has hired Christophe Florin to head its emerging markets private equity team, it said in a statement on Tuesday.
