Covagen spun out of technology university ETH Zurich in 2007 with local drugs group Novartis' backing and previously raised an undisclosed amount from Novartis Venture Fund and MPH, the corporate venturing unit of Japan's Mitsubishi Tanabe Pharma (MTP) and Mitsubishi Chemical, in October 2009.

News provider Boston Globe said Chevron Technology Ventures had linked with venture capital firm Flybridge Capital (which had previously spun out from publisher International Data Group), incubator Founder Collective and conglomerate Kraft Group in Novophage's round.

In a regulatory filing first seen by CityBizList, Solicore has Andrew Teichman, executive director of investments at OPG Ventures, the corporate venturing unit of Canada-based Ontario Power Generation, and Robert Daigle, chief technology officer of local industrial group Rogers, as its directors.

SAM Private Equity provided the latest investment in Harvest Power and joins a consortium including New York-listed garbage disposal company Waste Management.

Kevin Brown, partner at REV is joining GigaOm's board after leading the $6m round.

SK Telecom Ventures and venture capital firm DCM, as a new investor, co-led the series B round for Billing Revolution.

Tradeshift, a UK-based invoicing network for businesses, has raised $7m from venture capital firm Notion Capital, having previously had been seeded by online auction company eBay's PayPal payments platform.

In September, Pfizer through its corporate venturing unit invested $5m in TetraLogic.

The company said its investors in its series A and B rounds, which raised $15m in total, including from Switzerland-based drugs company Novartis' corporate venturing fund, and venture capital firms Vertical Group, Integra Ventures and Westfield Life Sciences Fund.

Joan Gillman, president of media sales for Time Warner Cable, joins the BlackArrow board as its C round is extended to $27m.