Interwest Ventures
Lilly Asia leads $25m round for US-based Avedro
Lilly Asia Ventures (LAV) has led a $25 million round for Avedro, a US-based ophthalmic pharmaceutical and medical devices company with a view to expanding in Asia.
Deal focus: Canva’s simple design wins VC support
When Australian entrepreneur Melanie Perkins taught design in schools, she noticed that students struggled when using traditional software such as Adobe Photoshop and InDesign. Clearly there could be a simpler solution.
High-profile angel investors back Australian start-up Canva
Australian online design start-up Canva has attracted $3 million in seed funding from a group of high-profile angel investors, including Adrian MacKenzie, who left his position as head of CVC Capital Partners’ local operations late last year.
VC firms support Japan-US drug development alliance
Drais Pharmaceuticals, a US-based firm backed by InterWest Partners and Sutter Hill Ventures, will form a partnership with Japan’s Astellas Pharma to jointly develop a new line of drugs. Astellas has agreed to transfer assets to Drais-operated Telsar...