SironRX spun out from Juventas Therapeutics and licenses products from its parent and Cleveland Clinic and will use the $500,000 seed money to initiate a phase II clinical study of its lead product.

Local training company Giant Associates was part of the investment consortium along with angels and venture capital firm E-Synergy in AirPos.

Fliplife gains "seven-figure" sum from investors.

Venture capital firm CM Capital and an unknown provider, Haag, invest $2m in Datacastle.

Center for Financial Services Innovation-backed fund invests $2m in Plastyc.

QPrize Venture Investment Competition picks six regional winners.

Milk Mantra Dairy gains India-based social venture capital firm Aavishkaar Venture Management Services as backer.

Inventages had invested $6m in Tanfield Food Company in January last year and adds a further $1m this year.

Seesmic gains $4m from Saleforce.com and Softbank Group.

US-based online bookstore LibreDigital's regulatory filing last month said it had closed $1.35m of its planned $.05m round.