In what may be a sign of the times, an independent, nonprofit biomedical research institute in San Diego that is focused on immune diseases and disorders has officially established ties with the UC San Diego Health System.
The agreement signed by... Read more »
Foresite Capital is launching its third fund in as many years. It has closed the $450 million Foresite Capital Fund III, bringing the healthcare-focused firm’s assets to more than $1 billion, the company said in a statement today.
With its new... Read more »
Here’s a look at news you may have missed from around Michigan’s innovation hubs:
—iDashboards, the Troy-based business intelligence software company, has formed a “value-add reseller” partnership with Phoenix Systems, a Canadian software and hardware service provider. Phoenix... Read more »
It’ll be several years before we’ll know whether the efforts of Accelerate Long Island lead to successful, sustainable companies. But with the emergence of its latest graduate today, Envisagenics, Accelerate LI can now say it’s helped get nine startups hailing from... Read more »
Developing lab research into the foundations of a profitable biotech company has always been a high-risk, high-reward business.
Deerfield Management, a New York-based healthcare investor with more than $5 billion under management and two decades of experience, has created a... Read more »
Here’s a collection of recent headlines from Wisconsin’s tech and innovation community:
—ProNAi Therapeutics’ recent $138 million initial public offering is a win for Capital Midwest Fund, a Milwaukee-area venture capital firm that invested $3.5 million in ProNAi through its Series... Read more »
Seattle-based Avvo, which helps people find and review lawyers, has raised $71.5 million from Technology Crossover Ventures, with participation from Vulcan and prior backer Coatue Management.
The new capital will be spent on hiring, marketing, and product development, the company... Read more »
DraftKings is in a growth phase, attempting to draw as many users as possible to its daily fantasy sports website, which in turn the company hopes will drive more sports fans to advertising partners that include ESPN and FOX Sports, according to CEO... Read more »
Baebies, a diagnostics developer aiming to make neonatal screening easier and more widely accessible, has raised $13 million in equity financing as the company moves forward developing and testing its technology.
The Durham, NC-based company said investors in the oversubscribed... Read more »
Another would-be rival to Facebook’s dominance in the social media world unveiled an iPhone app Tuesday, coming out of closed beta, and hinged its hopes on a promise to make digital connections behave more like real world relationships.
Self-funded Vero,... Read more »