VC: Insulet leads with $50M round



Insulet leads with $50M round

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Insulet
Bedford, MA

$50M
Fifth

OrbiMed Advisor

The funding will be to expand capacity to meet the demand for the OmniPod Insulin Management System.

Precision Therapeutics
Pittsburgh, PA

$20M
Undisclosed

Quaker BioVentures

Precision will use some of the money to commercialize a diagnostic tool for selecting the right chemotherapy treatment for patients. It will also fund new trials in ovarian cancer research.

Supernus Pharmaceuticals
Rockville, MD

$17.5M
Second closing of first round

New Enterprise Associates

The funding will help the startup use its patents to improve its own portfolio and to partner with other pharmaceutical companies.

Aesthera Corp.
Pleasanton, CA

$11M
Third

Kleiner Perkins Caufield & Byers

Aesthera will continue the company's R&D efforts for its Photopneumatic Technology and will further expand global sales channels and marketing efforts.

Acologix
Hayward, CA

$4.5M
Second closing of third round

Ascent Biomedical Ventures

The money is earmarked for a Phase III trial of AC-820, an experimental therapy for uremic pruritus in dialysis patients.