5AM Ventures and Lundbeckfond Ventures led the $16 million Series A round for scPharmaceuticals, a pharmaceutical firm that is establishing products for subcutaneous delivery, a statement about the funding said.
Sectors
Less than 12 hours after rollout, Microsoft Office for iPad tops free iPad apps in App Store
Less than 12 hours after Microsoft launched its Office for iPad, the apps ranked in the top three of the world's most popular free apps on the Apple App Store, VentureBeat reported.
Tech Mahindra may buy minority stake in Indian social media analytics firm Simplify360
Indian IT services giant Tech Mahindra may buy a large minority stake in Bangalore-bases social media analytics firm Simplify360 for an undisclosed amount in a bid to boost its social, mobility, analytics, and cloud services (SMAC) portfolio.
Tokyo District Court extends deadline for Mt. Gox investigation
The Tokyo District Court has extended the deadline of the investigation on the reason behind the failure of Tokyo-based Mt. Gox to May 9, Reuters reported.
Malta-based cable firm Go agrees to purchase stake in Cablenet for €12M
Marsa, Malta-based telephone and cable television services provider Go PLC agreed to purchase a 25% stake in Nicosia, Cyprus-based firm Cablenet Communications Systems Ltd for €12 million in convertible loan.
Latest News
RuiYi Inc, a biotech firm based in California and China, has secured $15 million for its Series B funding round from its existing backers, a statement about the funding said.
Vernalis is pleased to announce the achievement of the first milestone
in its research collaboration with Asahi Kasei Pharma (AKP).
Split, the anti-social app that helps people avoid potentially awkward encounters has raised $1 million for its seed round from well-known private investors, a statement about the funding said.
CapMan Buyout X fund has agreed to buy a majority stake in sauna business Harvia Oy, a statement about the funding said. Financial terms of the deal were not disclosed.
Chennai, India-based online bus ticketing startup Ticketgoose secured INR24 crore in its Series B round via American crowdfunding platform Indventure to build its brand and marketing campaign.
OneVentures, an Australia-based venture capital firm, intends to raise $100 million from institutional investors and high net worth individuals for its OneVentures Innovation and Growth Fund II.
American software giant shelled out $150 million to acquire San Francisco, California-based product design and development firm Osterhout Design Group's (ODG's) intellectual property for wearable computing devices.
AppGyver, San Francisco-based a mobile app development tools provider, received a $2.5 million investment for its seed round led by Initial Capital and Open Ocean Capital.
Just over a week after blocking Twitter, Turkey is now moving to shut down access to YouTube in a bid to stem off the source of corruption scandal and reputation-damaging leaks related to Prime Minister Recep Tayyip Erdogan.
