Another week, another IPO

April 21, 2010

Well, it’s been a productive week for Truffle’s life science team. After successful completion of the Neovacs IPO last thursday, today was portfolio company Deinove’s day in the sun.

Deinove develops breakthrough technologies which leverage the natural biodiversity and robustness of deinococcus bacteria (existing on Earth for over 3 billion years) to produce bioethanol from biomass.

Deinove raised 12M€ in the IPO on NYSE Alternext. Read the announcement. Congratulations to my colleagues and Deinove’s management team !

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posted in venture capital by mark

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