Posts tagged “Venture & Innovation”

October 18, 2007

Premium Lock The Dual-Edged Sword in ‘Grant Land’

Bill Warner The Angel Connection: Federal grants offer advantages to startup companies, but competition is likely to increase if proposed legislation that allows private investment passes.

Updated October 18, 2007

Premium Lock Healthcare Startups Drawing More Interest from Investors

venture capital logo Venture capitalists pour $2.45 billion into medical device, pharmaceutical, other firms in third quarter, report shows.

Updated October 18, 2007

Premium Lock A $mashing Debut: IPO Shares in Wilmington Medical Device Firm Skyrocket

 TranS1, a developer of devices for lumbar surgery, nets $82.5M in Nasdaq premier. Shares then skyrocket more than 70 percent. They close at $24, up 60%. Opening day is best for medical device firm since 2000.

Updated October 16, 2007

Premium Lock $135M Deal for InfoSpace Unit Nearly Doubles Motricity in Size

Motricity CEO Ryan Wuerch By expanding further in mobile content space, Motricity adds 250 employees. Company’s revenues also will grow into ‘nine figures.’ InfoSpace exec also will become combined firm’s president and COO.

October 16, 2007

Premium Lock Georgia ATDC Picks 14 Companies to Present at CapVenture Event

ATDC Fundraising boot camp to prepare executives for sales pitches at November conference.

October 16, 2007

Premium Lock Startup Drug Firm Metastatix Replaces CEO

Metastatix Atlanta-based company recently closed on $35M in B-round financing. Founder leaves to ‘pursue other opportunities,’ spokesperson says. Aurora Funds, H.I.G. Ventures are among investors in firm.

Updated October 16, 2007

Premium Lock HowStuffWorks to Be Acquired by Discovery Communications in Reported $250M Deal

HowStuffWorks Knowledge company, which was launched by North Carolina entrepreneur Marshall Brain, will remain based in Atlanta.

October 15, 2007

Premium Lock Regenerative Medicine Firm Tengion Raises $33M in Venture Capital

Tengion Pennsylvania-based company uses technology developed by director of Wake Forest Institute for Regenerative Medicine.

Updated October 12, 2007

Premium Lock Messaging Technology Testing Firm Lands $6.5M in Venture Funding

Michael Byrnes Charlotte-based M3 Technology Group plans extensive expansion following Frontier Capital’s investment.

October 11, 2007

Premium Lock Oriel Therapeutics Lands More Financing

Oriel Developer of dry power inhaler technology wins major new investor.

October 11, 2007

Premium Lock Venture Capital Fund Raising Is Down 11% from ’06, Report Shows

venture capital logo However, overall private equity fund raising surges to $199B through September, Dow Jones Private Equity Analyst reports.

Updated October 11, 2007

Premium Lock Pending Venture Legislation Is Good News for Angels and Entrepreneurs - Hopefully

Bill Warner The Angel Connection: ‘Grant land’ funding for startups could also become available for venture-backed companies.

October 11, 2007

Premium Lock Mixx-ing Up the News: Virginia Startup Backed by Intersouth Changes Name

Mixx Recommended Reading, once touted as a search engine, reemerges with new name – Mixx – and with a focus on social networking.

Updated October 9, 2007

Premium Lock Entegrion Receives $2M Appropriation for Blood Coagulation Technology

Entegrion RTP-based startup hopes to begin selling first product this year.

October 9, 2007

Premium Lock Semiconductor Startup HexaTech Lands $2M Federal Grant

HexaTech NCSU spinout to use funds for development of ultraviolet light emitting diodes.

October 9, 2007

Premium Lock Georgia Drug Development Company Backed by Aurora Funds Raises $20M

venture capital logo Metastatix, which has licensed technology from Emory University, is focused on cancer research, HIV, inflammation research.

Updated October 9, 2007

Premium Lock Quintiles Names President for Consulting Group

Quintiles UPDATE: Contract research organization is putting more emphasis on consulting services.

October 8, 2007

Premium Lock Georgia Drug Development Company Backed by Aurora Funds Raises $20M

venture capital logo Metastatix, which has licensed technology from Emory University, is focused on HIV, cancer research.

October 6, 2007

Premium Lock Innovation Economic Development Vs. Industrial Recruitment

Tom Vass RTP Product Pipeline: Giving away tax incentives is like a ratchet. Once a threshold is passed, the incentives keep going up, and prior lower levels are never repeated.

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