Tethys raises $33 million

Tethys Bioscience Inc. (Emeryville, Calif.) raised $33 million through a $23 million extension of a series D round and a $10 million working capital loan. The extension brings the total raised in the series D round to $48 million. New investors Greenspring Associates (formerly Montagu Newhall) and Paul Capital joined existing investors Aeris Capital; Wasatch Advisors; Mohr Davidow Ventures; Kleiner Perkins Caufield & Byers; and Intel Capital in the extension. Oxford Finance Corp. and Silicon Valley Bank provided the loan. ...