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MicroChips gets $16mm with second round

Executive Summary

MicroChips (drug delivery) has raised $16mm with its second private placement of shares. Lead investor IDG Ventures was joined by other new investors Care Capital, Boston University Community Technology Fund, and Intersouth Partners. Existing investor Polaris Venture Partners also participated.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
  • Medical Devices
    • Implantable Devices
  • Biotechnology
    • Nanotechnology, Chips, etc.
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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