VC: ARYx leads with $30.4 million

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ARYx leads with $30.4 million

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

ARYx Therapeutics
Fremont, CA

$30.4 million
fifth

Ascent Biomedical Ventures

ARYx has three trials underway for ATI-7505, a treatment for gastroesophageal reflux disease; ATI-2042, a treatment for atrial fibrillation, and ATI-5923, an oral anti-coagulant currently in Phase 1.

Catalyst Biosciences
San Francisco

$30 million
second

Morgenthaler Ventures

Catalyst's product discovery platform includes methods to rapidly create and optimize tailor-made protease drug candidates, called Alterases.

vasopharm Biotech
Wurzburg, Germany

$11.8 million
second

EMBL Ventures

The money is earmarked to support the further clinical development of vasopharm's compound VAS 203, a nitric oxide synthase (NOS) inhibitor for the treatment of closed head injury.

InnoCentive
Andover, MA

$9 million
first

Spencer Trask Ventures

InnoCentive--created by Eli Lilly--has been developing a network of scientists to tackle scientific problems posted online for cash rewards.

Accumetrics
San Diego

$8.25 million
third

RiverVest Venture Partners

The company makes a family of diagnostic tests that measure platelet function.