CoolChip, Copiun, Wingu Among the Slew of Boston Deals This Week
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MIT Clean Energy Prize, develops technology for cooling electronics in data centers.
—Newton, MA-based Alcresta, which is out to convert novel enzymes into nutritional supplements, pinned down $10 million from Third Rock Ventures, Bessemer Venture Partners, and Frazier Healthcare Ventures. That same group of investors also funded enzyme drug maker Allena Pharmaceuticals, which will now share its office and management team with Alcresta.
—Marlborough, MA-based Copiun raised $5 million in a Series A financing led by Novak Biddle Venture Partners, with participation from RRE Ventures and local angel investors. The startup said it will put the money towards sales and marketing efforts for its software for securing mobile device collaboration.
—Google Ventures led a Series A funding round for Wingu, a Cambridge-based maker of software enabling pharmaceutical companies to manage R&D projects. Borealis Ventures also joined the deal, whose dollar value was not disclosed.
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