Posts tagged “Aurora”
Another RTP biotech company files to go public
An emerging biotech company focused on drugs to control bleeding is the latest firm with major operations and links to the Triangle to seek to go public. WRALTechWire Insiders can find out more.
Regado Biosciences, which bases lab in Durham, raises $51M
Triangle-based Aurora Funds is among the participants in the latest round of funding for Regado, which is developing DNA-based blood treatments.
Triangle VC's prediction for 2013 reflects a changing industry
The venture capital industry continues to change, with fewer firms doing business in 2013 yet fund raising to remain stable or increase in some cases.
Chapel Hill drug startup Cardioxyl confirms $28M in venture funding
Cardioxyl Pharmaceuticals, which is backed by Aurora Funds, is developing a treatment for heart failure. The company lands a new investor and adds two MDs to its board.
Chapel Hill drug firm Cardioxyl raises $28M in venture funding
Cardioxyl Pharmaceuticals, which is backed by Aurora Funds, is developing a treatment for heart failure.
Chemical testing firm Centice raises $1M in debt financing
Police and narcotics officials can use Centice devices to identify controlled prescription drugs and illegal narcotics. Centice this year released a mobile narcotics identification system that law enforcement can use in the field.
Argos Therapeutics raises $25M after withdrawing IPO
The Durham-based drug development firm lands a new investor as well as more backing from Intersouth and Aurora Funds. The deal follows Argos' recent decision to terminate plans to go public.
Nanotech startup funding: What investors are looking for
Nanotech companies are clamoring for financing at a time when investor purse strings remains tight. Some investors are showing interest in nanotechnology investments, but that interest doesn't mean that they approach these deals with any less caution.
Argos Therapeutics aims for as much as $79M in IPO
The Durham based venture capital-backed firm estimated an IPO price of between $13 and $15 per share. Some 5.25 million shares will be offered.
$40M Aldagen deal is no quick exit for its investors
Aldagen, who had tried twice to go public only to withdraw both times amid poor market conditions, gets a partner interested in developing its stem cell treatments. Cytomedix gains prospective regenerative medicine therapies for its pipeline. But a payoff remains in the future and depends on drug trial results.
Durham stem cell firm Aldagen sold for up to $40M
Regenerative medicine company Cytomedix has acquired the venture-capital backed company in a $16 million stock deal plus millions more in stock options. Aldagen investors include Intersouth and Aurora Funds.
HyperBranch Medical raises $1M in new funding
The financing for the Durham-based firm that is backed by The Aurora Funds follows a $2.1 million fundraising nearly a year ago. Six existing investors in the company participated in the latest offering,
Metabolon lands $13.1M in fourth round of venture financing
The Triangle-based company, which focuses on biomarker technology, secures a new investor. Local venture firm Aurora Funds also is an investor.
Argos Therapeutics files for $86M initial public offering
The Durham-based biopharmaceutical firm focuses on individualized therapies targeting cancer, HIV and infectious diseases. Its investors include Intersouth Partners and Aurora Funds.
Stem cell-focused Aldagen raises $1.1M in funding
The Durham-based company recently withdrew plans for an $80 million stock offering.
Durham-based Regado Biosciences closes on $26M in new financing
The company, which raised $23 million in 2007, has been working on its new round since 2009. Regado is developing a DNA-based system to control bleeding.
Chemical tech firm Centice raises $2.3M in new funding
The Morrisville-based company, which reorganized its management in 2009, says the funds will be used to drive growth of existing, new chemical verification and identification products.
Roll this: Video tech firm Digitalsmiths raises $12.5M
The Durham-based startup sometimes touted as the "Google of video" is growing face, developing more technology that's finding increasing demand in the online video archiving space.
Stem cell firm Aldagen withdraws planned $80.5M IPO
The Durham-based life science company cites "market conditions" as the reason for the pullback. It's the second time that the company, which is backed by Triangle venture firms Intersouth and Aurora, has cancelled an IPO.
Holden Thorp emphasizes entrepreneurial thinking to Triangle execs
In presentation to Triangle's Association for Corporate Growth chapter, the UNC-CH chancellor and entrepreneur touts the power of universities in sparking creativity and growth. But he also says work remains to be done to help create a more prosperous future.




























