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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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July 11, 2013, 2:23 PM ET

Crocus Technology, a French developer of magnetically-enhanced semiconductor technologies, has raised €34 million in new VC funding. Idinvest Partners led the round, and was joined by return backers Sofinnova Ventures, Innovation Capital, Nanodimension and Ventech. www.crocus-technology.com

CVRx Inc., a Minneapolis-based developer of an implantable system designed to treat hypertension and heart failure, has raised $29.6 million in new VC funding. New Enterprise Associates and Johnson &Johnson Development Corp. co-led the round, and were joined by BBT Fund and SightLine Partners.www.cvrx.com

The Iconic, an Australian online fashion retailer created by Rocket Internet, has raised A$28 million in new VC funding. Verlinvest led the round, and was joined by return backers AB Kinnevik and Summit Partners. www.theiconic.com.au

Movidius, a San Mateo, Calif.-based maker of computational image-processor chips and software, has raised $16 million in Series D funding. Atlantic Bridge, DFJ Esprit and Robert Bosch Venture Capitalwere joined by return backers Capital E, AIB Seed Capital Fund and private investors.www.movidus.com
Instacart, a San Francisco-based short-order local grocery delivery service, has raised $8.5 million in Series A funding. Sequoia Capital led the round, and was joined by return backers Khosla Ventures, Canaan Partners, SVAngel and Paul Buchheit. Sequoia’s Michael Moritz has joined the Instacart board of directors. www.Instacart.com

Tivli, a Boston-based service that delivers television to university students on their mobile devices, has raised $6.3 million in Series A funding. New Enterprise Associates led the round, and was joined by CBC New Media Group, HBO Inc., Mark Cuban, WME and return backers Felicis Ventures and Rho Ventures. www.tivli.com

Groupize, a Gloucester, Mass.-based automation platform for both sides of the group hotel reservation process, has raised $2 million in Series A funding. Golden Seeds led the round, and was joined by Launchpad Venture Group. www.groupize.com

Vida Therapeutics Inc., a Vancouver-based developer of drugs that inhibit the granzyme family of serine proteases, has raised C$1.8 million in new VC funding led by BDC Venture Capital.www.vidatherapeutics.com

GreenLancer.com, a web-based solar energy engineering company, has raised $500,000 in Series A funding from “a syndicate of Michigan-based investors” like Start Garden. The company is based in Detroit. www.greenlancer.com

Vaultize, an India-based provider of enterprise file sharing and sync solutions, has raised an undisclosed amount of VC funding from Tata Capital Innovations Fund. www.vaultize.com

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