RESEARCH TRIANGLE PARK, N.C. (December 31, 2007) Synecor, LLC and SV Life Science Advisers, LLC announce today the first round of institutional financing for TransEnterix, Inc., a Synecor-founded company focused to pioneer and deliver novel, less-invasive tools and techniques for high volume gastro-intestinal surgical procedures. The first round of institutional financing secures for TransEnterix $21 million of raised and committed funds. The capital will be used to deliver the initial product platforms and further develop the next generation product platforms of TransEnterix. (more…)

Tampa, FL - Romark Laboratories, L.C., a privately-owned biotechnology company, today announced the closing of an $18 million institutional financing with the D.E. Shaw Group. (more…)

Research Triangle Park, NC—Cempra Pharmaceuticals, a developer of anti-infective drugs, has raised $10 million in Series B funding from investors including Aisling Capital, Intersouth Partners, Optimer Pharmaceuticals and banker I. Wistar Morris, III, PE Hub reports citing a regulatory filing. (more…)

Alachua, FL—AxoGen Inc., a company commercializing technology that repairs peripheral nerves, has raised a $12.1 million Series C round from Accuitive Medical Ventures, Cardinal Partners, DeNovo Ventures and Springboard Capital II. (more…)

Research Triangle Park, NC: The North Carolina Biotechnology Center has awarded $250,000 to Precision Human Biolaboratory (PHB) to boost its commercialization and development of a unique blood test for major depression. (more…)

Atlanta GA – CardioMEMS, Inc., the pioneer in wireless sensing for the management of chronic cardiovascular diseases such as Heart Failure, today announced the closing of its Series E Preferred Stock financing for $33 million of equity funding led by Arcapita Ventures. Joining Arcapita in this financing round are existing investors Boston Millennia Partners, Medtronic, Inc., Easton Capital Partners, Foundation Medical Partners, and Arboretum Ventures, along with new investors Deerfield Capital Management, Vision Capital Advisors, Aperture Venture Partners and Rockport Venture Securities. (more…)

Gainsville, FL–The University of Florida has inked a deal with a California developer to build a life science and technology incubator. (more…)