Posts filtered by tags: VC Deals[x]


 

Ride-hailing firm Lyft launches IPO road show in Uber’s shadow: Reuters

(Reuters) – Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation of up to $23 billion and seeking to woo money managers before larger ride-hailing rival Uber Technologies Inc goes public in April. The IPOs of Lyft and Uber represent a watershed for Silicon Valley’s technology unicorns, which for years have snubbed the stock market in favor of raising capital privately, with investors happy to back their frothy valuations. The market rally of...
Tags: Lyft, New York, Ipo, Boston, San Francisco, Trends, United States, Silicon Valley, West Coast, Jefferies, Zimmer, Logan Green, John Zimmer, Reuters, Renaissance Capital, Uber Technologies Inc


SoftBank leads $1.25 bln round for OneWeb

OneWeb said March 18 that it raised $1.25 billion in new capital led by SoftBank Group Corp, Grupo Salinas, Qualcomm Technologies Inc, and the government of Rwanda. OneWeb is a global communications company. PRESS RELEASE LONDON ,  March 18, 2019  /PRNewswire/ — OneWeb, a global communications company with a mission to bring connectivity to everyone, everywhere, announces it has secured its largest fundraising round to date with the successful raise of  $1.25 billion  in new capital. This bring...
Tags: London, Mexico, Virginia, Softbank, Trends, Canada, Airbus, Leo, Latin America, Adrian, Rwanda, Hughes, SoftBank Group Corp, ITU, OneWeb, VC Deals


Theranica raised $35 mln

Theranica said March 18 that it raised $35 million in a Series B round led by aMoon. All existing investors of the company – Lightspeed Venture Partners, LionBird, Corundum Open Innovation and Takoa – participated in the round. Theranica is a bio-medical technology company developing advanced electroceuticals for migraine and other prevalent diseases. PRESS RELEASE NETANYA, Israel, March 18, 2019 /PRNewswire/ — Theranica, a bio-medical technology company developing advanced electroceuticals for ...
Tags: Usa, Israel, US, Trends, CMO, United States, Fda, Netanya, Yair Schindel, VC Deals, Shimon Eckhouse, Theranica, Nerivio Migra, Alon Ironi CEO, Todd Sone, Shimon Eckhouse Theranica


Karuna Therapeutics raises $68 mln

Karuna Therapeutics Inc said March 18 that it raised a $68 million Series B round led by ARCH Venture Partners. Participating in the round were Fidelity Management & Research Co, Eventide Asset Management, Pivotal bioVenture Partners, Partner Fund Management, Wellcome Trust, Sands Capital, Alexandria Venture Investments, and founder PureTech Health. Karuna focuses on targeting muscarinic cholinergic receptors for the treatment of neuropsychiatric disorders including psychosis in schizophrenia, p...
Tags: Trends, Fda, ARCH Venture Partners, CNS, Robert Nelsen, VC Deals, Karuna, PureTech Health, Steve Paul, Pivotal bioVenture Partners, Heather Preston, PRTC, Karuna Therapeutics, Karuna Therapeutics Inc, PureTech Health Karuna, BOSTON BUSINESS WIRE Karuna Therapeutics Inc


Imara raises $63 mln

Imara Inc said March 18 that it raised $63 million in a Series B financing round co-led by OrbiMed Advisors and Arix Bioscience plc. Participating were RA Capital and Rock Springs Capital. Existing investors New Enterprise Associates, Pfizer Venture Investments, Lundbeckfonden Ventures, Bay City Capital, and Alexandria Venture Investments also took part. Imara is a clinical-stage biopharmaceutical company focused on sickle cell disease and other hemoglobinopathies. PRESS RELEASE Imara Closes a $...
Tags: Trends, ACS, Fda, Scd, Voc, Rahul, OrbiMed Advisors, Alexandria Venture Investments, Imāra, VC Deals, OrbiMed, RA Capital, IMR, Arix Bioscience plc, Mark Chin, Arix Bioscience


CoinNess raises series A funding

CoinNess said it raised a series A round in the “millions of dollars” range, led by ShunWei Capital, QF Capital, and FreesFund. Coinnet, a blockchain information platform, provides crypto/blockchain news, market data, and community, to more than three million users. PRESS RELEASE HONG KONG–(BUSINESS WIRE)–Asia’s largest blockchain information platform CoinNess just closed its Series A round funding calculated in millions of dollars, led by Chinese leading venture capital ShunWei Capital, QF Capi...
Tags: Asia, South Korea, China, Trends, VC Deals, CoinNess, ShunWei Capital QF Capital, Peter TAN CEO of CoinNess


Alcatraz AI raises about $6 mln from the Hardware Club, Ruvento Ventures, Hemi Ventures, others

Alcatraz AI said it has raised about $6 million from the Hardware Club, Analog Devices co-founder Ray Stata, Ruvento Ventures, Hemi Ventures and JCI Ventures, the corporate venture arm of Johnson Controls­Tyco. The Palo Alto company is developing a facial authentication product for the enterprise.  
Tags: Trends, Palo Alto, Alcatraz, VC Deals, Ray Stata, JCI Ventures, Hardware Club Ruvento Ventures Hemi Ventures, Alcatraz AI, Hardware Club Analog Devices, Ruvento Ventures Hemi Ventures, Johnson ControlsTyco


LeanData raises $27.5 mln

LeanData said March 18 that it secured $27.5 million in financing led by Tenaya Capital. Industry Ventures participated in the round along with existing investors Shasta Ventures, Sapphire Ventures and Correlation Ventures. LeanData provides lead-to-account matching, routing and marketing attribution solutions. PRESS RELEASE LeanData Raises $27.5 Million in Series C Funding Following Record Growth New funding strengthens company’s ability to fuel innovation, support customer success and accelera...
Tags: Trends, Shasta Ventures, Tenaya Capital, Sunnyvale Calif, VC Deals, Industry Ventures, LeanData, Brian Melton, Sutherland Global Services, Tenaya Capital Industry Ventures, Tenaya Capital Participating, Tenaya Capital LeanData, Airbnb Expedia FICO Nokia Pitney Bowes Siemens, Evan Liang CEO of LeanData, Revenue Operations, Ravi Mohan


Data startup Igneous lands $25 mln Series C

Seattle-based data startup Igneous Inc, has raised $25 million in Series C funding. WestRiver Group led the round with participation from other investors that included Madrona Venture Group, New Enterprise Associates, Vulcan Capital and Redpoint Ventures. Source: Press Release
Tags: Trends, Seattle, Redpoint Ventures, VC Deals, WestRiver Group, Igneous Inc


Surrozen picks up $50 mln Series B

South San Francisco-based Surrozen Inc., a biopharmaceutical company, has secured $50 million in Series B financing. The investors included Horizons Ventures, Hartford HealthCare Endowment, NS Investment and the Column Group. Source: Press Release
Tags: Trends, Healthcare, South San Francisco, VC Deals, Surrozen, Surrozen Inc


Artemis Health attracts $25 mln Series C

Salt Lake City-based Artemis Health, a benefits data analytics company, has raised $25 million in Series C funding. Bessemer Venture Partners led the round with participation from Maverick Ventures, F-Prime, Hearst Health Ventures and Rose Park Advisors. Source: Press Release
Tags: Trends, Healthcare, Bessemer Venture Partners, VC Deals, Artemis Health, C. Salt Lake City, Maverick Ventures F Prime Hearst Health Ventures


TDF Ventures and Jump Capital backs UPshow

UPshow, a screen-based consumer engagement platform, has secured $6 million in Series A funding. TDF Ventures and Jump Capital led the round. Source: Press Release
Tags: Trends, VC Deals, TDF Ventures


ArangoDB nabs $10 mln Series A

ArangoDB, an open source native multi-model database, has secured $10 million in Series A funding. Bow Capital led the round. Source: Press Release
Tags: Trends, VC Deals


Madrona leads Series A round for Ovation.io

Cambridge, Massachusetts-based Ovation.io, a next-generation clinical informatics company, has raised $5 million in Series A funding. Madrona Venture Group led the round with participation from other investors that included Borealis Ventures, Nat Turner, Zach Weinberg, StagedotO and David Shaw. Source: Press Release
Tags: Trends, Healthcare, Madrona Venture Group, Cambridge Massachusetts, David Shaw, Madrona, VC Deals, Borealis Ventures, Nat Turner Zach Weinberg


Smart dog collar maker Fi takes in $7 mln

Brooklyn, New York-based Fi, a maker of a smart dog collar, has secured $7 million in funding. RRE Ventures led the round with participation from other investors that included Lerer Hippeau and Freestyle VC. Source: Press Release
Tags: Trends, RRE Ventures, Brooklyn New York, Lerer Hippeau, VC Deals


Capital Markets Gateway locks in $7.5 mln Series A

Capital Markets Gateway Inc, a fintech firm, has raised $7.5 million in Series A funding. StageDotO led the round with participation from Franklin Templeton, Shea Ventures and CMG co-founder and CEO Greg Ingram. Source: Press Release
Tags: Trends, CMG, VC Deals, Capital Markets Gateway, A. Capital Markets Gateway Inc, Franklin Templeton Shea Ventures, Greg Ingram


Physera fetches $8 mln Series A

Physera, a provider of musculoskeletal care, has raised $8 million in Series A funding, according to on its site. BlueCross BlueShield Venture Partners led the round. In addition to the funding, Michael Spadafore, a managing director at BCBSVP, will be joining Physera’s board.
Tags: Trends, Healthcare, BlueCross BlueShield Venture Partners, VC Deals, Physera, Michael Spadafore


Sketch grabs $20 mln Series A

Sketch, a digital design tool kit, has secured $20 million in Series A funding, according to a blog post on its site. The investor was Benchmark.
Tags: Trends, VC Deals


Percolate inks $32 mln

Percolate, an enterprise content marketing platform, has secured $32 million in financing. The investors included GGV Capital, Sequoia, Lightspeed and Capital IP Investment Partners. Source: Press Release
Tags: Trends, VC Deals, GGV Capital Sequoia Lightspeed


Polarr lands $11.5 mln Series A

Silicon Valley and China-based Polarr, an provider of edge AI technology for photography, video and other creative processes, has raised $11.5 million in Series A funding. Threshold Ventures led the round with participation from Cota Capital and Pear Ventures. Source: Press Release
Tags: China, Trends, Silicon Valley, Cota Capital, VC Deals


German fintech company HandEX picks up seed funding

HandEX, a German fintech company, has raised an undisclosed amount of seed funding. High-Tech Gründerfonds led the round. Source: Press Release
Tags: Trends, VC Deals, HandEX


Aeponyx snags C$7.9 mln Series A

Aeponyx Inc, a Montréal-based provider of micro optical switches, has raised C$7.9 million in Series A funding. Pangaea Ventures led the round with participation from other investors that included Fonds InnovExport and Ecofuel Fund. Source: Press Release
Tags: Trends, VC Deals, Pangaea Ventures, Aeponyx Inc, Fonds InnovExport


ISAI buys minority of Legalstart.fr

ISAI has acquired a minority stake in Legalstart.fr. Financial terms weren’t announced. Legalstart.fr provides online legal services that aims to help entrepreneurs and small businesses across all sectors manage their legal, administrative and accounting procedures. PRESS RELEASE ISAI has acquired a minority stake in Legalstart.fr, founded by Pierre Aïdan and Timothée Rambaud, through its Growth Equity fund, ISAI Expansion II. The leader in online legal services for businesses, which combines th...
Tags: France, Trends, Better, Pierre, Isai, Legaltech, VC Deals, Timothee, Legalstart, PRESS RELEASE ISAI, Pierre Aïdan, Timothée Rambaud, Pierre Martini, About Legalstart, Pierre Aïdan Legalstart


Cluster rallies $1.9 mln

Culver City, California-based Cluster, a marketplace matching Industry 4.0 skills and jobs, has secured $1.9 million in funding. Mark Cuban and ECMC Group led the round. Source: Press Release
Tags: Trends, Culver City California, ECMC Group, VC Deals


CryptoNumerics gathers $2.5 mln seed

Toronto-based CryptoNumerics, an enterprise software company, has raised $2.5 million in seed financing. The lead investor was 11.2 Capital. Lux Capital also participated in the round. In conjunction with the funding, Shelley Zhuang, a founder and managing partner at 11.2 Capital, has been added to CryptoNumerics’ board of directors. Source: Press Release
Tags: Toronto, Trends, VC Deals, Capital Lux Capital, Shelley Zhuang


Gencove inks $3 mln in Spero Ventures-led round

Gencove, a low-pass genome sequencing platform, has secured $3 million in funding. Spero Ventures led the round with participation from Alexandria Venture Investments, Burst Capital, Third Kind Venture Capital and Version One Ventures. In addition to the funding, Shripriya Mahesh, a partner at Spero, will join Gencove’s board of directors. Source: Press Release
Tags: Trends, VC Deals, Spero, Shripriya Mahesh, Spero Ventures, Gencove


Workfront amasses about $280 mln

Workfront, a modern work management platform, has secured about $280 million in funding. The investors were W Capital Partners, Susquehanna Growth Equity and AB Private Credit Investors. Existing backers Openview, Greenspring and JMI Equity will remain significant investors in the company. As part of the investment, Blake Heston, a managing director at W Capital and Martin Angert, a director at Susquehanna Growth Equity, will join Workfront’s Board of Directors. Goldman Sachs was placement agent...
Tags: Trends, Jmi Equity, Goodwin, Susquehanna Growth Equity, VC Deals, Martin Angert, W Capital Partners Susquehanna Growth Equity, Openview Greenspring, Blake Heston, W Capital, Workfront s Board of Directors Goldman Sachs


HR recruiting platform Gem takes in $9 mln Series A

Gem, a HR recruiting platform, has secured $9 million in Series A funding, according to a blog post. The investor was Accel.
Tags: Trends, VC Deals


CXA Group pulls in $25 mln

CXA Group, Asia’s predictive and data intelligence platform for better health, wealth and wellness choices, has raised $25 million in funding. The investors included HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo Corporation Equity Asia, Muang Thai Fuchsia Ventures, Humanica and Heritas Venture Fund. Source: Press Release
Tags: Trends, Healthcare, VC Deals, CXA Group, CXA Group Asia, Heritas Venture


Tetrate reels in $12.5 mln

San Francisco-based Tetrate, a newly launched enterprise service mesh company, has secured $12.5 million in funding, according to a blog post on its site. Dell Technologies Capital led the round with participation from other investors that included 8VC, Intel Capital, Rain Capital and Samsung NEXT. Source: Press Release
Tags: Samsung, San Francisco, Trends, VC Deals, Dell Technologies Capital, Tetrate, Intel Capital Rain Capital