Argos raising $35.2 million

Argos (Durham, N.C.) raised an undisclosed amount in the first tranche of a planned $35.2 million series C round led by existing investor TVM Capital. New investors Mizuho Capital; Morningside Group; and Japan Asia Investment joined existing investors Lumira; Forbion Capital Partners; CDP Capital; Intersouth Partners; Aurora Capital; and GeneChem in the round. Kirin Pharma (Tokyo, Japan) also participated in the round. Argos, which said it has received more than half of the total funds of the financing, expects to complete the round by year end. ...