KEREOS RAISES $19.5M IN VENTURE FINANCING

In the largest venture funding of 2005 in St. Louis, Kereos Inc., raised $19.5 million. Backing for the biotechnology firm, which is developing solutions to more quickly detect and treat cancers and heart disease, came from 13 venture firms here and around the country. Leading the funding, which originally set out to raise $15 million, was Triathlon Medical Ventures of Cincinnati, and Charter Life Sciences of Palo Alto, Calif. Triathlon set up an office here last year.

St. Louis Business Journal (http://stlouis.bizjournals.com/stlouis/stories/2005/09/19/daily18.html)