Posted March 2, 2007
MORRISVILLE, N.C. – Liquidia, a startup that has been without a full-time chief executive officer, has landed $16 million in new venture capital from New Enterprise Associates, The News & Observer reported on Friday.
Liquidia is being managed by Steve Nelson, a venture capitalist with the Wakefield Group, while the company continues to look for a new CEO.
Last fall, Nelson said Liquidia was looking to raise an additional $10 million.
Wakefield is one of Liquidia’s investors.
Liqudia has developed technology for use in microfluidics and nanotechnology.Copyright 2012 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Liquidia Secures $16M in New Financing
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Liquidia is being managed by Steve Nelson, a venture capitalist with the Wakefield Group, while the company continues to look for a new CEO.
Last fall, Nelson said Liquidia was looking to raise an additional $10 million.
Wakefield is one of Liquidia’s investors.
Liqudia has developed technology for use in microfluidics and nanotechnology.Copyright 2012 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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