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Karolinska Development and EIF Start New Life Science Fund

alarmClock  Nov 21 09

Swedish investment company Karolinska Development AB and the European Investment Fund (EIF) have a co-investment agreement, in which the fund managed by the former will be invested in early-stage pharmaceutical and medical technology companies. With a contribution of €26.7M ($39.6M) this is EIF's single largest investment in Nordic region. This agreement for this deal was concluded after the European Investment performed its own due-diligence check of Karolina Development investments in new projects as well as its share in portfolio companies in the final stages of clinical development, over a period of four years. Full story...

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Does A Tough Quarter For Evergreen Solar And Energy Conversion Devices Mean First Solar Will Follow?

alarmClock  less than a minute ago

Solar investors probably tossed and turned in their beds last night after reading the quarterly reports for Evergreen Solar (ESLR:NASDAQ) and Energy Conversion Devices (ECD) (ENER:NASDAQ).

Petra Solar Raises $40M For Utility Pole Panels

alarmClock  3 hours ago

Petra Solar out of South Plainfield, NJ has raised $40M in 2nd-round funding. Craton Equity Partners and Espírito Santo Ventures co-led the round and were joined by return backers Element Partners, Blue Run Ventures, OnPoint Technologies and Kuwait's National Technology Enterprises Company.

Audio Transcription's 3Play Media Seed Funded

alarmClock  19 hours ago

Play Media, out of Somerville, MA, has secured $450K of a $600K seed funding round. 3Play works on transcription, captioning, and audio search.

Indoor Ag's AeroFarms Seeded with $500K

alarmClock  19 hours ago

Ithaca,NY-based Aero Farm Systems has raised $500K in seed funding from The Quercus Trust and 21Ventures.

KeyCorp To Finance SunPower Projects

alarmClock  22 hours ago

With solar industry still facing a cash crunch, solar cells and panels manufacturer SunPower Corp. (SPWRA, SPWRB: NASDAQ) should be expanding its project portfolio of more than 550 solar systems installed.

AMEE Raises $5.5M for Carbon Accounting Platform

alarmClock  24 hours ago

AMEE, a company that provides technology for enterprises to calculate greenhouse emissions, has raised $5.

Germany's Brands4friends.de Invests In UK's SecretSale

alarmClock  less than a day ago

Shopping club Brands4friends.de, based in Berlin, has made an investment in similar site SecretSale, although they are not disclosing.

EventVue Craters. Founders Explain.

alarmClock  4 days ago

Angel-backed EventVue has closed its doors. The startup has set-up a business to add some functions of offline events to the online world.

Social List-Maker Ranker Raises $750K

alarmClock  4 days ago

LA-based Ranker has raised $750K in a seed investment round and plans to tack on another $250K to the seed round.

Marin Clean Energy 1, Pacific Gas & Electric 0

alarmClock  4 days ago

Many of the residents of Marin County California will soon have a choice as to whom they want providing their electricity.



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