Formlabs, a maker of 3D printing technology, announced it has acquired VC-backed Pinshape for an undisclosed price. Vancouver, British Columbia-based Pinshape, which provides a 3D printer community, had raised $825,000 in seed-stage funding from 500 Startups, DeNA, ChinaRock Capital Management and 500 Startups co-founder Dave McClure, according to its AngelList profile. The acquisition is the first for Formlabs, which is backed by DFJ Growth, Innovation Endeavors and Pitango Venture Capital.
3 min read · 03 May 2016
Tel Aviv, Israel-based Zooz, which provides a payment platform for merchants, has raised $24 million in a Series C funding round ledt by Target Global Ventures. Also participating in the round were Fang Fund, iAngels, Kreos Capital and existing investors Blumberg Capital, lool ventures, Rhodium, Claltech (Access Industries’ Israeli tech vehicle), XSeed Capital, CampOne Ventures and angel investor Eilon Tirosh. The company, which launched in 2010, previously raised $16.5 million in funding.
3 min read · 03 May 2016
Tel Aviv, Israel-based Zooz, which provides a payment platform for merchants, has raised $24 million in a Series C funding round ledt by Target Global Ventures. Also participating in the round were Fang Fund, iAngels, Kreos Capital and existing investors Blumberg Capital, lool ventures, Rhodium, Claltech (Access Industries’ Israeli tech vehicle), XSeed Capital, CampOne Ventures and angel investor Eilon Tirosh. The company, which launched in 2010, previously raised $16.5 million in funding.
3 min read · 03 May 2016
3 min read · 01 May 2016
The Austin, Texas-based drug developer raised $54.7 million from investors prior to its April 7 IPO on th Nasdaq
2 min read · 01 May 2016
Foundation Capital, which late last year raised $325 million for its eighth fund, said that COO Gene Trainor is leaving the firm, according to a blog post. The post, by General Partner Paul Holland, said that Trainor plans to take time off to travel with his wife and then earn his master’s degree in education with the aim of eventually teaching math, full time, to at-risk middle school students in the city.
1 min read · 30 April 2016
San Francisco-based Binary Capital, which raised $125 million for its debut fund in 2014, is seeking a second fund. No target is listed on the firm's regulatory document.
1 min read · 29 April 2016
Boston-based .406 Ventures, which last year closed its third early-stage fund with $217 million in commitments, has filed to raise $80 million for an opportunity fund, according to a regulatory document.
1 min read · 29 April 2016
What I learned about The House Fund from the IVP party, and my thoughts on the the VC-backed Stemcentrx getting acquired
3 min read · 28 April 2016
AbbVie Inc agreed to acquire venture-backed Stemcentrx in a deal valued at about $5.8 billion, which includes $2 billion in cash and the remainder in stock. Backers include Fidelity Investments. The company, which was backed by Artis Ventures and Founders Fund.
1 min read · 28 April 2016
