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alarmClock Nov 03 09 PDC Biotech GmbH, a Vienna, Austria-based women’s health drug startup whose first product focuses on preterm labor and primary dysmenorrhea, has raised over €4M ($5.8M) in Series A funding. MIG Verwaltungs AG and Edmond de Rothschild Investment Partners co-led the round. Patricia Griffin and Diane Kalina are the co-founders of PDC, which was previously awarded €1M ($1.4M) in seed funding from the Austria Wirtschaftsservice (AWS) and a grant of €517K ($756K) from the Zentrum für Innovation und Technologie (ZIT, an agency of the City of Vienna for promotion of innovation and technology). Full story...
Sometimes it's the minor technical choices that make a difference between the winners and losers. In the case of Soundcloud the minor difference that sets it apart may just be that it allows sound distributors to have their own URL.
With a stock price that is off over 87 percent over the last year, China Sunergy (CSUND :NASDAQ) is hitting the public relations trail two days before Christmas in attempt to gain some "Yule Tide spirit" for its shares by announcing they have shipped 1.
Despite the recent crash in solar stocks, Germany's Soltec held a grand opening ceremony for its 200 megawatt (MW) plant in San Diego.
AngelPad alum Buffer has raised $400K from an assortment of angels. The founders fare from Europe, came to San Francisco for AngelPad but have left for Hong Kong due to visa trouble.
Just when solar investors thought their investments couldn't drop any lower, First Solar (FSLR :NASDAQ) announced the equivalent of an investment "blackout" by lowering 2011 guidance and offering less than inspiring 2012 guidance.
Jive Software saw an opening gain of 26% after increasing both the share size and price of the deal. The company's stock opened at $15.
We see a lot of eye-browsed raised by Uber's $32M round led by Menlo Ventures, Jeff Bezos and Goldman Sachs who followed existing investor Benchmark Capital and angel investors.
We have had an awful experience with Gilt Groupe's Gilt City to report on. Here are the facts. You can decide if this is fraud or incompetence.