Novo Nordisk, TransLoc, Duke Energy, & More NC Innovation News

Xconomy Raleigh-Durham — 

Here are some of the top headlines from the last week in North Carolina tech, biotech, cleantech, and fintech news:

—Novo Nordisk (NYSE: NVO) broke ground on a $1.8 billion production facility in Clayton that the Denmark-based company says will produce active pharmaceutical ingredients for products across its diabetes portfolio. Novo Nordisk expects the 833,000 square-foot facility will become fully operational in 2020. The site is adjacent to Novo Nordisk’s existing 457,000 square-foot production facility, where the company makes products such as Novolin (pictured above), a form of insulin.

—Fontinalis Partners and SJF Ventures co-led an $8 million Series A round investment in transportation software startup TransLoc. The Durham-based company says the funding will support sales efforts to bring its offerings to more transit systems across the country. TransLoc offers an app that transit riders can use to plan trips, as well as a suite of software products that enable transit systems to collect data on how riders use their services.

—TransEnterix (NYSE: TRXC), a Morrisville-based medical device company, expects an FDA decision on its surgical robot by April 15. While the SurgiBot would introduce competition into robotic surgery market, the still unprofitable TransEnterix faces financial hurdles, the Raleigh News & Observer reports. TransEnterix also plans to seek FDA clearance for the ALF-X, a different robotic surgical system that the company acquired last year in a $100 million deal with Italy-based SOFAR.

—Carbon, the Silicon Valley-based 3D printing technology startup spun out of the University of North Carolina at Chapel Hill three years ago as Carbon3D, has pulled back the curtain on its first commercial 3D printer. If you want to get your hands on this printing technology that Carbon says is 100 times faster than existing 3D printing methods, you’ll have to shell out $40,000 a year to rent one of its machines—not counting the $10,000 installation fee, plus the cost of liquid plastic, Bloomberg reports.

— Duke Energy (NYSE: DUK) acquired a 20-megawatt solar project near Barstow, CA, from EDF Renewable Energy. Financial terms weren’t disclosed but the deal does bring to Charlotte-based Duke the solar project’s 20-year agreement to sell renewable energy credits to Southern California Edison.

—In other M&A news, Verian, a Charlotte-area company that provides cloud-based “purchase-to-pay” software, was acquired by Basware, a company based in Stamford, CT, that provides e-invoicing and P2P software. No financial terms were disclosed.

Photo courtesy of Flickr user Melissa Johnson via a Creative Commons license.