Intellectual Ventures Spin-Out Kymeta Secures $12m

Intellectual Ventures‘ spin-out company, Kymeta, has closed a $12 million funding round to develop and bring to market Intellectual Ventures’ Metamaterials Surface Antenna Technology. The venture is backed by investments from Bill Gates, Liberty Global and Lux Capital. PRESS RELEASE Intellectual Ventures (IV), the leader in the business of invention, announced today that its newest […]

Kurion Names Chairman

Kurion, a nuclear and hazardous waste management business has named Ralph DiSibio as chairman of the board. Former chairman, Josh Wolfe, co-founder of Kurion and founding partner and managing director at Lux Capital, will remain a director for the company. PRESS RELEASE Kurion, Inc., an innovator in nuclear and hazardous waste management, announced today that […]

Kindler Joins Lux Capital

Jeff Kindler, the former Chairman and CEO of Pfizer, has joined Lux Capital as a venture partner. Kindler will help identify new healthcare investment opportunities and work with Lux portfolio companies. PRESS RELEASE Lux Capital, a leading venture capital firm, today announced that former Pfizer Chairman and CEO Jeff Kindler joined the firm as a […]

Two-Year-Old Gridco Raises $8M More

Gridco Inc., a smart grid power management startup founded by Naimish Patel, founder of publicly traded Sycamore Networksm has raised $8 million in funding from investors, according to an SEC filing that appeared early yesterday. Patel is listed as president of Gridco. Among those listed as Gridco’s directors are Ric Fulop, a partner at North […]

Cerulean Pharma Closes Series D

Cerulean Pharma, a developer of nanopharmaceuticals, has closed a $15 million Series D financing with participation from new investor, CVF, an affiliate of Henry Crown and Company of Chicago, Illinois, as well as full participation from all other existing investors, including Polaris Venture Partners, Venrock, Lilly Ventures, Lux Capital, and Bessemer Venture Partners. Cerulean’s offices […]

Lux Capital Promotes Three

Lux Capital has promoted three, naming Adam Kalish general partner; Shahin Farshchi principal; and Zack Schildhorn vice president and director of operations. Kalish joined the firm in 2005, and worked previously as a director at Everest Capital. Farshchi has worked with Lux Capital since 2006, focusing on investments in energy and technology. Schildhorn has worked with Lux since 2006, focusing on operations and investments within energy, novel materials and technologies at the intersection of the digital and physical worlds.

Siluria Technologies Closes on $20M

Siluria Technologies, a San Francisco-based developer of methane-based alternatives for producing fuels and chemicals normally derived from oil, has raised $20 million in new capital. The Series B round was led by UK-based Wellcome Trust, with participation from Alloy Ventures, ARCH Venture Partners, Kleiner Perkins Caufield & Byers, Altitude Life Science Ventures, Lux Capital, and Presidio Ventures.

VCs Seek Light Green Tech Bets

(Reuters) – Green is back in venture capital circles — but call it light green. Having placed big bets on capital-intensive industries like solar and ethanol just as the financial crisis quashed interest in risky new technologies, early-stage investors these days have a limited appetite for startups that need large amounts of cash to bring […]

Transphorm Seals $25M Series D

Transphorm Inc. has closed a $25 million Series D financing round from Quantum Strategic Partners Ltd., a private investment fund managed by Soros Fund Management, and existing investors Kleiner Perkins Caufield & Byers, Google Ventures, Foundation Capital and Lux Capital. The latest round brings Transphorm’s total funding to $63 million. The company, which launched in February, will use the money to continue development of its compact power conversion technology.

Lux Capital Names Woolsey, Foster Venture Partners

Venture firm Lux Capital has added James Woolsey and Richard Foster as venture partners. Woolsey will help the firm identify investment opportunities in energy that offer significant economic and environmental benefits. Foster will focus on new technologies and business models for Life Sciences and healthcare IT investment, the firm said in a statement. Woolsey is chairman of Woolsey Partners; he also currently chairs the Strategic Advisory Group of the Washington, D.C. private equity fund, Paladin Capital Group. Foster is managing partner of Investment and Advisory Services. He was previously a director and senior partner with McKinsey & Co., where he co-founded the healthcare and private equity practices.

Google Ventures Leads $20M Round In Transphorm

Transphorm Inc. emerged from stealth on Wednesday with a $20 million Series C round led by Google Ventures. The round was joined by existing investors Kleiner Perkins Caufield & Byers, Foundation Capital and Lux Capital, bringing the company’s funding to $38 million. Transphorm hopes to transform energy conservation by recouping the 10% of all electricity […]

From the Filings…

Guilford, Conn.-based online advertising start-up uKnow has raised roughly half of a planned $1 million funding round, according to a filing with the SEC. Angel investor Geoff Judge, who is also a partner with iNovia Capital, is listed among the company’s directors. Pittsburgh-based Neograft has raised $3 million according to an SEC filing. Neograft develops […]

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