Cervel Neurotech, a privately held company developing a novel, non-invasive and non-pharmacologic therapy for depression, pain and other conditions, has completed a funding round of $14.1 million. The company’s existing investors, D. E. Shaw Ventures and Aberdare Ventures, participated in the equity financing.
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US clean technology company Infinite Power Solutions has completed a $10 million Series D financing. Existing financial investors Generation Investment Management, D. E. Shaw Ventures, Polaris Venture Partners and Core Capital Partners co-led the financing, which also included participation by Applied Ventures, the venture capital arm of Applied Materials, In-Q-Tel and two additional strategic investors. [...]