Revered venture capitalist Mary Meeker is seeking to raise $1.25 billion on a hard cap of $1.5 billion for a debut fund for her new venture capital firm, Bond, according to a report from Axios.
1 min read · 03 January 2019
Vancouver, British Columbia-based Ostara, a provider of nutrient management solutions to farms, municipalities and industries, has raised $11 million in funding. Wheatsheaf Group Limited and VantagePoint Capital Partners led the round. The capital will be used to scale the company's fertilizer production as well as support its expansion.
3 min read · 03 January 2019
Triventures ARC, a venture capital arm of the ARC Innovation Center at Sheba Medical Center, an Israeli hospital, is seeking to raise $45 million for a fund focused on seed investments in healthcare innovations. Triventures, which is based in Herzliya, Israel and Menlo Park, California, will manage Triventures ARC.
6 min read · 03 January 2019
Kalamazoo, Michigan and San Jose, California-based Ablative Solutions Inc, a company focused on treating hypertension, has secured $77 million in Series D funding. Gilde Healthcare and BioStar Ventures led the round with participation from other investors that included Michigan Accelerator Fund and Novus Biotechnology.
1 min read · 03 January 2019
Cambridge, Massachusetts-based Tiburio Therapeutics, a biopharmaceutical company newly launched by Cydan, has raised $31 million in Series A funding. The investors were New Enterprise Associates, Longitude Capital, Lundbeckfonden Ventures and Alexandria Venture Investments.
1 min read · 03 January 2019
Prime Movers Lab has raised over $22 million for its inaugural fund, according to an updated SEC filing. Jackson, Wyoming-based Prime Movers Lab invests in physics-powered startups founded by Prime Movers.
1 min read · 03 January 2019
Durham, North Carolina-based StrideBio Inc, a gene therapy company, has named Dr. Sapan Shah as CEO and a member of the company's board. Shah is a former chief executive at ARMGO Pharma and Ezose Sciences. StrideBio's backers include Hatteras Venture Partners, Takeda Ventures Inc, UCB Ventures and Alexandria Venture Investments LLC.
3 min read · 03 January 2019
Israel-based Celeno, a provider of Wi-Fi solutions, has raised $10 million in funding. Iris Capital was the lead investor.
1 min read · 03 January 2019
China-based Connect Biopharmaceuticals, a clinical-stage company that focuses on treating autoimmune diseases and inflammation, has closed $55 million in Series B financing. Advantech Capital led the round with participation from return backers Qiming Venture Partners, Northern Light Venture Capital and Cowin Venture. CEC Capital was financial adviser on the transaction.
1 min read · 03 January 2019
Flare Capital Partners has promoted Dan Gebremedhin to partner. Gebremedhin joined the healthcare tech-focused venture firm in 2015.
3 min read · 03 January 2019
