March 15th, 2010
CLEARWATER, FL – Pico-Tesla, which calls itself a Magneceutical Therapy company, says it has received the first tranche, $1 million, of a $4 million Series A capital raise. The Colorado-based company is also opening East Coast headquarters near Tampa.
Pico-Tesla will use some of the proceeds to fund two ongoing clinical trials, as well as initiate ...
March 15th, 2010
RALEIGH, NC – Credit Suisse will manage North Carolina’s new $230 million Innovation Fund, NC State Treasurer Janet Cowell said Monday in Durham.
Money from the fund will be invested in companies with primary operations in the state.
We wonder if early stage tech startups will be in line for any of the fund’s money, or if ...
March 15th, 2010
RALEIGH, NC – Three Ships Media, a social media marketing and research firm, has received an investment in an undisclosed amount from Jeff Giesea. The company has named Giesea chairman.
Founded in 2009, the company has about 30 clients for its Emerging Media Research Council.
The company creates customized interactive media platforms to generate leads, engage customers, ...
March 15th, 2010
By Charlie Feigenoff
CHARLOTTESVILLE, VA – You may not be aware of it, but the difference between your car and your smart phone is getting smaller by the minute.
You can now order a car with a Global Positioning System to help you get around, a video camera to help you back up and an ...
March 15th, 2010
CHARLESTON, SC – Immunologix, a Charleston based biotechnology company that specializes in producing fully human antibody-based therapeutics through a novel in vitro system, received a $200,000 investment from SCRA’s SC Launch.
Immunologix has worldwide exclusive licensing rights to a technology developed in the laboratories of the Medical University of South Carolina that allows for the production ...
March 15th, 2010
COLUMBIA, MD – Advanced BioNutrition Corp., which has developed a number of animal nutrition products, has raised more than $900,000 of a targeted $1.2 million debt and warrants raise, according to a regulatory filing. The company previously raised $20 million in backing from investors who include the Sea Change Investment Fund, Sherbooke Capital, Emerald Technology ...
March 12th, 2010
ATLANTA – First Data Corp. has named Joe Forehand chair and interim CEO, succeeding Michael Capellas as of March 31.
Capellas, after serving as CEO for three years, has accepted a new role as senior advisor at KKR focusing on technology. He will continue to support First Data in an advisory capacity.
Forehand, 61, currently a member ...
March 12th, 2010
FREDERICK, MD – Vaccinogen, which recently closed on a $4M raise, we reported in February, has snagged another $2.5 million of a $35 million equity offering, according to a regulatory filing. The company brings the body’s immune system to bear to fight cancer.
The company was co-founded by CEO and chairman Michael G. Hanna, Jr., Ph.D, ...
March 12th, 2010
ORLANDO, FL – The Florida Mezzanine Fund has been launched with backing from CapitalSouth Partners of up to $450 million. It will invest from $500,000 to $30 million debt and equity in small to mid-sized Florida firms.
“This new fund is important for Florida’s entrepreneurs who are looking for capital to grow their businesses and bring ...
