Ardais Takes in $14M Series C
Ardais of Lexington, Mass., closed a $14 million Series C round of venture capital financing in December. The five-year-old firm, which serves as a repository for human tissue for research, took its last round of financing in March 2001 and was valued at $72 million then. Investors in the current round include CIT Group, Pequot Capital, Advanced Technology Ventures, Advent International, Bessemer Venture Partners, and The Kaufmann Fund.
Pioneer Hi-Bred Links With Agilent
Researchers at Pioneer Hi-Bred International Inc., a subsidiary of DuPont headquartered in Des Moines, Iowa, will use Agilent microarrays and Rosetta Resolver informatics systems in their plant genomics research, Agilent announced this week. Pioneer Hi-Bred will examine gene expression during specific stages of a plant’s life.
NanoInk collects $6 Million Investment
NanoInk of Chicago, a Northwestern University spinoff developing a nanolithography technology marketed as the direct-write dip-pen writer, has closed on a $6 million second round of financing led by Lurie Investment Fund. The company said the funding will accelerate the first-quarter release of the product.