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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

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Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

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Trump embraces Australian retirement system backed by Larry Fink

1

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

2

Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

3

Trump embraces Australian retirement system backed by Larry Fink

Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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August 13, 2012, 2:07 PM ET
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Nova Medical Centers, an operator of day surgical centers in India, has raised $54 million in new VC funding. Goldman Sachs led the round, and was joined by return backer New Enterprise Associates. www.novamedicalcenters.com

Intercept Pharmaceuticals Inc., a New York-based developer of therapeutics to treat chronic liver diseases, has raised $30 million in Series C funding. OrbiMed Advisors led the round, and was joined by Intercept’s majority investor, Genextra SpA. www.interceptpharma.com

SolFocus, a Palo Alto, Calif.-based developer of solar concentrator photovoltaic systems, has raised $15 million in Series E funding, according to VentureWire. The total round is expected to be larger, with Advanced Equities serving as placement agent. The company previously raised over $175 million in VC funding from firms like Advanced Equities, Apex Venture Partners, New Enterprise Associates, NGEN Partners and Yellowstone Ventures. www.solfocus.com

Mettl, an India-based online skill assessment platform, has raised $4 million in Series A funding led by IndoUS. www.mettl.com

Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com

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