• Novacap Closes Fifth Private Equity Fund, at $840M July 21, 2017 10:32 pm
    Novacap, a Montreal, Canada-based private equity firm, closed its fifth fund, at $840m. Limited partners in NOVACAP TMT V included public and corporate pension funds, insurance companies, endowments, foundations, family offices and individual investors in Canada, the U.S., Europe and Australia. The fund will focus on making individual investments ranging from $20m to $100m in […]
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  • Finistere Ventures Adds David Duncan as Venture Partner July 21, 2017 10:03 pm
    Palo Alto, CA-based AgTech venture capital firm Finistere Ventures has added seasoned entrepreneur Dr. David Duncan to its team. With a four-decade career in agricultural productivity, plant biotechnology and plant health and nutrition and a strong network in St. Louis, Duncan will focus on vetting AgTech innovators and establishing partnerships in the Midwest corridor to […]
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  • Summit Partners Closes Second Europe Growth Equity Fund, at €700M July 21, 2017 9:07 pm
    Summit Partners, a global alternative investment firm, closed its second Europe growth equity fund, at €700m. Summit Partners Europe Growth Equity Fund II will target equity investments of €20m to €60m in European category-leading companies and deliver post-investment support to accelerate growth and enhance value. Based in London and led by Han Sikkens, Managing Director […]
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  • SkySafe Closes $11.5M Series A Funding July 21, 2017 8:22 pm
    SkySafe, a San Diego, CA-based provider of drone defense and airspace control solutions, closed $11.5m a Series A funding. The round was led by Andreessen Horowitz. In conjunction with the funding, Andreessen Horowitz’ general partner Lars Dalgaard joined SkySafe’s board. The company, which has also won a $1.5m contract with the Department of Defense, providing […]
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  • Borrowell Raises $57M in Debt and Equity Financing July 21, 2017 7:49 pm
    Borrowell, a Toronto, Ontario, Canada-based financial technology company, secured CAD$12m in Series A funding and $45m in new credit facilities. The Series A round, which brings the company’s total equity financing to $16.7m, was led by Portag3 Ventures LP, Equitable Bank and White Star Capital, with participation by FirstOntario Credit Union and other new and […]
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  • Betterment Raises Further $70M in Series E Funding July 21, 2017 5:13 pm
    Betterment, a NYC-based independent online financial advisor, raised $70m in funding in an extension of last year’s Series E round. Swedish investment company Kinnevik led the round, with previous investors Bessemer Venture Partners, Menlo Ventures, and Francisco Partners also participating. The company intends to use the funds to continue to grow its business and increase […]
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  • Restaurant Finder Apps: How to Build a Similar App? July 21, 2017 5:05 pm
    Dining out became a new kind of a pastime and an opportunity to diversify your life or just have a good time. However, with the growing number of different eateries it’s not always easy to make a right choice. Or, on the other hand, you may have a great restaurant that you will definitely like […]
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  • Fox Rent A Car Raises $25m in Funding July 21, 2017 3:56 pm
    Fox Rent A Car, Inc., a Los Angeles, CA-based rental car company, raised $25m in funding. Backers included NewSpring Mezzanine Capital, Kemper Corporation (NYSE: KMPR) and Star Mountain Capital. The company intends to use the funds to capital refinance its existing debt. Led by Allen Rezapour, Fox is the fifth largest rental car company in […]
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  • Entier Receives £6.5M Investment from Business Growth Fund July 21, 2017 2:39 pm
    Entier, a Westhill, Scotland, UK-based catering company, received a £6.5m investment from Business Growth Fund. The company plans to expand its overseas operations. Founded in 2008 by CEO Peter Bruce and Mike Reilly, Entier serves meals to more than 4,500 people on oil and gas rigs and other remote installations around the world each day, […]
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  • Dynamic Yield Raises $9m in Series C Funding July 21, 2017 1:45 pm
    Dynamic Yield, a NYC-based personalization operating system, raised $9m in Series C funding. Backers included two new investors, DTCP (Deutsche Telekom Capital Partners) and La Maison, which joined Claltech, Baidu, Vertex and Bessemer Venture Partners, bringing the total round raise to $31M. 21/12/2016: Dynamic Yield Raises $22M in Series C Funding The company intends to […]
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  • Plenty Raises $200M in Series B Financing July 21, 2017 10:56 am
    Plenty, a San Francisco, CA-based agtech company, raised $200m in Series B financing. The round was led by the SoftBank Vision Fund with participation from affiliates of Moore Capital Management founder Louis M. Bacon as well as existing investors Innovation Endeavors, Bezos Expeditions, DCM, Data Collective and Finistere. In connection with the investment in Plenty, […]
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  • Lvl5 Secures $2m in Seed Funding July 21, 2017 10:40 am
    Lvl5, a San Francisco, CA-based developer of crowdsourced HD maps and computer vision software for self-driving vehicles, secured $2m in seed funding. Backers included Max Altman’s 9Point Ventures, and Paul Buchheit, partner at Y Combinator and creator of Gmail. Founded in 2016 by Andrew Kouri and Erik Reed, who both worked on Tesla’s Autopilot Team, […]
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  • Clara Labs Raises $7m in Series A funding July 21, 2017 10:18 am
    Clara Labs, a San Francisco, CA-based platform to automate scheduling for professionals, raised $7m in Series A funding. The round was led Basis Set Ventures with participation from Sequoia, First Round and Slack Fund. The company intends to use the funds to continue to expand operations. Led by Maran Nelson‎ and Michael Akilian, Clara Labs […]
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  • TickSmith Secures C$2m in Funding July 21, 2017 9:59 am
    TickSmith, a Montreal, Canada-based provider of big data applications for capital markets, secured C$2m in funding. Illuminate Financial Management, a venture capital firm with a specific focus on capital markets financial technology, made the investment. The company intends to use the funds to further commercialize its flagship product, TickVault. Led by Francis Wenzel, CEO and […]
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  • Trevi Therapeutics Raises $50M in Series C Financing July 21, 2017 9:07 am
    Trevi Therapeutics, Inc., a New Haven, CT-based late-stage clinical development company, completed a $50.5m Series C financing. The round was led by New Enterprise Associates (NEA) with participation from new investors Lundbeckfonden Ventures, Omega Funds and Aperture Venture Partners, along with largest existing investor TPG Biotech. In conjunction with the financing, David Meeker, MD, former […]
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  • Genicon Raises $6.6m in Funding July 21, 2017 8:55 am
    Genicon, a Winter Park, Florida-based medical device maker, raised $6.6m in funding. Backers included Rand Capital, Advantage Capital and Coastal Enterprises. The company intends to use the capital to continue to develop new products and execute on its marketing, manufacturing and sales efforts. Led by Gary W. Haberland, Founder, President and Chief Executive Officer, Genicon […]
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  • Perch Security Receives Strategic Investment from Fishtech Group July 21, 2017 8:43 am
    Perch Security, a Tampa, FL-based information security company that combines innovative application design with an in-house security operations center (SOC), received a strategic investment from Fishtech Group. The amount of the deal was not disclosed. Fishtech Group CEO and Founder Gary Fish will join Perch’s Board of Directors along with Fishtech Group CFO Ryan Shreve. […]
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  • Hemovent Expands Series A Financing July 21, 2017 8:31 am
    Hemovent GmbH, an Aachen, Germany-based artificial lung platform developer, received an undisclosed funding as an extention of its Series A financing round. Backers included all existing investors as well as new investor 1st Capital Partner. Led by Christof Lenz, co-founder and CEO, Hemovent is an emerging medical device company that has developed small and self-contained […]
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  • Ada Support Raises $2.5M in Funding July 20, 2017 10:43 pm
    Ada Support, a Toronto, CA-based automated chat platform, raised $2.5m in funding. The round was led by Bessemer Venture Partners with participation from Version One Ventures. The company will use the funds to grow its business and further product development. Led by Mike Murchison and David Hariri, Ada Support creates tools for customer support teams […]
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  • Amphora Medical Closes $35.5M Series B Financing July 20, 2017 10:19 pm
    Amphora Medical, Inc., a Minneapolis, Minnesota-based developer of medical devices to treat overactive bladder (OAB), closed a $35.5m Series B financing. The round was led by Longitude Capital and Boston Scientific Corporation (NYSE:BSX), with participation from HBM Healthcare Investments, as well as existing venture investors F-Prime Capital Partners and Baird Capital. In conjunction with the […]
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  • Arzeda Raises $12M in Series A Funding July 20, 2017 10:09 pm
    Arzeda, a Seattle WA-based protein design company, raised $12m in Series A funding. The round was led by OS Fund with participation from Bioeconomy Capital Sustainable Conversion Ventures, and WRF Capital. In conjunction with the funding, Arzeda’s board will be expanded to include Jeff Klunzinger, Co-Founder at OS Fund. The company intends to use the […]
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  • Cubyn Raises $7m in Series A Funding July 20, 2017 7:27 pm
    Cubyn, a Paris, France-based on-demand logistics startup, raised $7m in Series A funding. The round led by DN Capital with participation from BNP Paribas Developpement and follow-on funding from original backers Partech Ventures and 360 Capital Partners. The company intends to use the funds to strengthen its leadership position in France, launch operations in new […]
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  • The True Costs Of Owning A Mobile Phone Across Your Lifetime July 20, 2017 6:49 pm
    Smartphones are everywhere. The vast majority of people carry these tiny supercomputers in their pockets or purses everyday. And while it’s well known that owning and operating a smartphone may not be cheap, the actual number value is typically a mystery. Between confusing contracts and fees hidden in your monthly bill, you might be wondering […]
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  • Integrate Secures $8m in Series D Funding July 20, 2017 6:45 pm
    Integrate, a Phoenix, AZ-based provider of demand orchestration software platform, secured $8m in Series D funding. The round was led by Iron Gate Capital, Foundry Group and Forte Ventures with participation from Comcast Ventures, Liberty Global, Chestnut Street Ventures, Scott Dorsey, founder and CEO of ExactTarget (acquired by Salesforce), Reggie Bradford, founder and CEO of […]
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  • Decooda Closes Series A Funding July 20, 2017 6:33 pm
    Decooda International, Inc., an Atlanta, GA-based platform that turns understanding of customer emotions and state-of-mind into real-time, actionable insights, closed its Series A Round with TechSophy Inc. The amount of the deal was not disclosed. By leveraging its cognitive intelligence machine, based on a combination of linguistic-cognitive analytics, machine learning, deep learning and AI approaches, […]
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  • Graphcore Raises $30m in Series B Funding July 20, 2017 5:22 pm
    Graphcore, a Briston, England, UK-based machine intelligence company, raised $30m in Series B funding. The round was led by Atomico with participation from existing investors Amadeus Capital, Robert Bosch Venture Capital, C4 Ventures, Dell Technologies Capital, Draper Esprit, Foundation Capital, Pitango and Samsung Catalyst Fund and angels Demis Hassabis (DeepMind), Greg Brockman (OpenAI), Ilya Sutskever […]
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  • Gamida Cell Receives $3.5M Grant July 20, 2017 4:51 pm
    Gamida Cell, a Jerusalem, Israel-based provider of cellular and immune therapies for the treatment of cancer and orphan genetic diseases, has been awarded a grant of $3.5m from the Israel Innovation Authority (IIA) of the Israeli Ministry of Economy and Industry. The grant follows the recent closing of a $40m financing round by the company’s […]
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  • FinTech Studios Raises $1M in Seed Funding July 20, 2017 4:45 pm
    FinTech Studios, a NYC-based fintech startup, raised $1m in seed funding. The round led by KEC Ventures. In conjunction with the funding, Jeff Parkinson, Managing Partner of KEC Ventures, will join the FinTech Studios board of directors. Founded in 2014 by Jim Tousignant, CEO, FinTech Studios provides a cloud platform of AI-based financial information, FinTech […]
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  • LendKey Raises $13M in Series C Funding July 20, 2017 4:33 pm
    LendKey, a Cincinnati, OH- and NYC-based lending-as-a-service solution for banks and credit unions, raised $13m in Series C funding. The round, which included $8m in equity and $5m in debt financing, was led by North Atlantic Capital, with participation from existing investors DFJ, Updata Partners, Gotham Ventures, and TTV Capital. The company intends to use […]
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  • NeuroVia Closes $14M Series A Financing Round July 20, 2017 4:19 pm
    NeuroVia, Inc., a Cambridge, Mass.-based biopharmaceutical company focused on developing innovative therapies for rare genetic neurological diseases, closed a $14m Series A financing round. The round was co-led by Novartis Venture Fund (NVF) and Sanofi-Genzyme BioVentures (SGBV) with participation from BioMed Ventures and Enso Ventures. In conjunction with the funding, Dr. Henry Skinner, Managing Director […]
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