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>> FIRST ROUND CAPITAL Latest News

APR 28, 2016 - Greentech

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Cleantech Funding Roundup: Thiel Invests in Vivint Smart Home, Plus Mosaic, ViZn, Aquion, Tado

Silicon Ranch, solar plant operator, raises $100 million Silicon Ranch Corporation an independent power producer that develops, owns, and operates solar power plants in Tennessee, Georgia, Arkansas, and Mississippi, closed on a $100 million equity investment from the $50 billion Partners Group. Silicon Ranch recently completed its first projects in Colorado. Earlier this month Silicon Ranch "entered into a framework ...

Tags: Cleantech Funding Roundup: Thiel Invests in Vivint Smart Home, Plus Mosaic, ViZn, Aquion, Tado,  First Round Capital Latest News

APR 28, 2016 - Business Insider

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Twitter cofounder Biz Stone launched a startup, then pivoted it, and now he's launching the original idea all over again

In 2013, Twitter co-founder Biz Stone and former Twitter executive Ben Finkel set out to launch a startup called Jelly. It was supposed to be a combination of Google and Quora. In other words, a search engine for asking photo-based questions and getting instant answers from your network of friends. Jelly raised a Series A round of financing from a who's who ...

Tags: Twitter cofounder Biz Stone launched a startup, then pivoted it, and now he's launching the original idea all over again,  First Round Capital Latest News

APR 28, 2016 - Business Insider

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A startup that just launched out of stealth a few months ago thinks it's found a way to treat cancer, and it just got bought for up to $10 billion

Stemcentrx, a startup with backing from Silicon Valley investors including Artis Ventures and Founders Fund, was just acquired by AbbVie for $5.8 billion in cash and stock. But the startup's investors could get up to $4 billion more if Stemcentrx hits successful milestones for clinical developments.  Plus the company had about $400 million in the bank. So all in, it's about a ...

Tags: A startup that just launched out of stealth a few months ago thinks it's found a way to treat cancer, and it just got bought for up to $10 billion,  First Round Capital Latest News

APR 28, 2016 - Business Insider

A Must Read - Share

A startup that just launched a few months ago thinks it's found a way to treat cancer, and it just got bought for up to $10 billion

Stemcentrx, a startup with backing from Silicon Valley investors including Artis Ventures and Founders Fund, was just acquired by AbbVie for $5.8 billion in cash and stock. But the startup's investors could get up to $4 billion more if Stemcentrx hits successful milestones for clinical developments.  Plus the company had about $400 million in the bank. So all in, it's about a ...

Tags: A startup that just launched a few months ago thinks it's found a way to treat cancer, and it just got bought for up to $10 billion,  First Round Capital Latest News

APR 28, 2016 - Business Insider

A Must Read - Share

A startup that just launched a few months ago thinks it's found a new treatment for cancer, and it just got bought for $5.8 billion

Stemcentrx, a startup with backing from Silicon Valley investors including Artis Ventures and Founders Fund, was just acquired by AbbVie for $5.8 billion in cash and stock. But the startup's investors could get up to $4 billion more if Stemcentrx hits successful milestones for clinical developments.  Stemcentrx is in clinical trials of drugs designed to treat cancer by targeting cancer stem cells. Unlike general adult stem cells ...

Tags: A startup that just launched a few months ago thinks it's found a new treatment for cancer, and it just got bought for $5.8 billion,  First Round Capital Latest News